Bitcoin Market Analysis: Under the pressure of short selling, it is still in a weak consolidation. From the Asian market to the European market, and then to the American market, it has been fluctuating back and forth. It's hard to tell how many waves of ups and downs there have been. In today's market, whether you are long or short, it can be profitable, but the difference lies in the size of the profit. However, this kind of market often tests people's hearts. The price of the coin is still under pressure at the $64,000 mark, with strong resistance at the $65,000 mark. In the short term, attention needs to be paid to the support at $61,500, and the key support is located at the $60,000 mark. In the short term, there are signs of a pullback in the price of the coin, but it seems that there is intentional support below. If it breaks, it will usher in a waterfall that can be followed. Subscription number: Financial Retail Investors Alliance. For the early morning market, Mr. Jin still recommends maintaining a high short-selling strategy.

Short-term upper pressure levels: $64,000/$65,000 Short-term lower support levels: $61,500/$60,000

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