BTC overall market momentum and operation analysis

In terms of a larger level, BTC is still in a long position.
Therefore, it is better to operate with callbacks.

The main reasons are as follows:
1. Homeopathic orders have less pressure and more support below
2. Better profit and loss
3. Avoid the risk of chasing high and falling sharply

And in the case of a bullish trend
1. Spot players should look for a time to sell during the rise, and make up for a larger callback to increase the number of coins held
2. Contract players should place long-term long orders when callbacks, and look for opportunities to place short-term short orders when rising

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Since BTC is currently at a historical high, fib Circles&Channet is used here to find possible pressure levels after breaking above

R4 23000-23650
R3 21700-22100
R2 20400-20700
R1 19800-20150

S1 18250-18500
S2 17600-17700
S3 17000-17200
S4 16050-16400

R1 is the first pressure, S1 is the first support, and so on

#Cryptocurrency market risk is high, please carefully assess operational risks
This analysis is a personal comment and does not have any investment advice, please refer to it carefully.