BTC market review:
As of now, the trading price of Bitcoin is around US$64,550. One of the reasons for this week's decline is the net outflow of ETFs, which caused large fluctuations in the market in the evening. Yesterday's amplitude was about 6.7%, falling from US$66,649 to US$62,260, closing at $63,796
As for the support position near 63500 that we paid attention to yesterday, it still directly dropped to 66260 and started to rebound. At present, the K-line pattern of the four-hour level has four consecutive lower shadow lines closing above 63500. This shows that this The location has strong support
The good news is that ETFs will not be shipped in the past two days. This is relatively good news. BTC will focus on the upper level during the day at $65,250 and the lower level at $63,500.
