In the morning, accurate northward positions were given, reaching a high near 57700, with a potential increase of up to 2000 points. Currently, there is a retracement in the evening, basically returning to the initial upward position from the morning. There may still be a period of oscillation and correction in the near future. However, a rebound in the overall trend is inevitable, as long as there is no forced liquidation during this period. The outlook is generally positive, and there should still be some room for movement downward in the evening. Continue to operate based on the positions provided in the morning.

From a technical analysis perspective, on the four-hour timeframe, there is a slow oscillating upward trend, with back and forth fluctuations. Although it is a period of oscillation and adjustment, the overall range is still quite large. There is a lot of room for operation in the recent days, where the fluctuation within an hour may be equivalent to the fluctuation of the entire previous day. Therefore, it is crucial to find the right position for layout. Once an opportunity is missed, it's missed. There's no need to force it. Opportunities arise every day in this market. It's not about making more money than others, but about living longer. Currently, the Fibonacci retracement is near the 38.2% level, and there has been no effective breakthrough. After the downward movement stops in the evening, it will be possible to position for an upward movement.

Recommendation for BTC trading: Go long near 55500-55800

Target: 60000

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