The market has once again reached a critical long-short position
The 4-hour level long-short game position is at 67300!
If it breaks down this position... the trend will likely go to the daily first support at 65800!
And 65800 is the key support position for the third wave down, as well as the psychological support level for the market... If it continues to break down, the probability of touching the 50s again will become very easy...
My expected plan: If Trump visits China normally next month, combined with the expectation of a rate cut in June... it is highly likely there will be a surge, so before that, the main force will likely first go down to clear out the long leverage in the 70s... then cooperate with the hype of rate cut expectations to reverse the rise! The last short position has been fully taken profit at 68700, and now chasing shorts is obviously not appropriate, so let's focus on whether 65800 will break!
On the contrary, if 67300 forms a 4-hour bottom upwards, then as long as it does not break 72000, it can still go for high shorts!
PS, the current market is still mainly fluctuating, and the pattern has no cost-effectiveness. I will wait for Bitcoin to drop below 60000 to enter 50%, and below 55000 to enter 30%! Keep 20% for defense!