The long-term trend of Bitcoin continues to maintain a horizontal pattern with a large daily fluctuation. Unlike the previous days, the solid body of the daily candlestick yesterday was more obvious, but the high and low points are still within the range of the previous candlestick. Consistent with the viewpoint in the video yesterday, it is still believed that the bulls and bears are currently in a strong game process.

The medium-term oscillating pattern continues, only breaking the upper boundary of the box. This is still consistent with what I reminded on Monday, that although the short-term oscillation has ended, it has opened up the logic of medium-term oscillating trend. While the market does not make a directional choice, what we can and should do is to be patient. The short-term price surge is still being resisted, and I still maintain the same viewpoint as the past two days: the short-term market is not worth watching, and there is no need to watch. Some fluctuations present opportunities, but most of the time, fluctuations are dangerous.

The 64500 resistance has been touched multiple times. If it is broken, the upper resistance will be around 66650. Currently, the end of September is getting closer. This week is actually the position for the bull-bear game, and the result will definitely come out within the week.

If it goes up to around 66650, then you can continue to short.

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