The daily level bottom is gradually rising, and it's currently hovering around the zero axis. Regarding directional selection, what needs to be noted is the initiation of the 4-hour level price action. The 4-hour level is currently trading above the zero axis. Next, pay attention to whether the 1-hour chart can firmly hold the 71600 level. If it holds, it will continue upward. The idea given yesterday was that if 69500 is not broken, we would look for a rebound, and yesterday it indeed pulled back to this level and bounced.
For the subsequent rebound, the zone to watch is 74500~80000.
Summary: Pay attention to the 4-hour level rebound.
#BTC
The daily level bottom is gradually rising, and it's currently hovering around the zero axis. Regarding directional selection, what needs to be noted is the initiation of the 4-hour level price action. The 4-hour level is currently trading above the zero axis. Next, pay attention to whether the 1-hour chart can firmly hold the 71600 level. If it holds, it will continue upward. The idea given yesterday was that if 69500 is not broken, we would look for a rebound, and yesterday it indeed pulled back to this level and bounced.
For the subsequent rebound, the zone to watch is 74500~80000.
Summary: Pay attention to the 4-hour level rebound.