On March 27, the market framework changed from weak to strong, and the price also stood firm in the Bollinger middle track to end with a doji, which is a stagnation signal in the upward trend, rather than a reversal signal, the price will continue to rise after absorbing chips again, and the daily upper 73400 high will be tested again, but it will eventually be broken

In line with the structure of pull-up-adjustment-pull-up, the vast majority of the market will not complete the sell-off at a point, but form a distribution area, and in this range will be accompanied by one or more new highs to lure long, when accumulating enough high-chasing chips, and then carry out a large sell-off to end the bull market

At present, there is only the initial supply, there has not been a rush to buy the climax, after the emergence will go back naturally, and then the second test, when the market appears before the high false breakthrough, or the second test does not break the high, fall below the rising trend line, fall below the lower edge of the shock range, is the trend reversal

So at present, it is still a good bullish trend, the halving trend has not yet come, there is no need to consider any peaking situation, the recent is still mainly low, and the spot entry near 60,000 in the early stage can be confirmed to be the bottom position of this round of pull-up

The small level of support is in the 69000-68000 area, and the intraday near 69000 is still a good opportunity to open a position, because it pulls up from the bottom, breaks through the resistance level all the way, a very strong reversal structure, and the last band high of 69000 has formed a perfect support situation, short-term pressure at 71000

To sum up, the general trend to see the new high, is currently in the stage of pulling after the adjustment, the previous high will be tested again or even broken, the market has not yet formed a rush to buy climax, and then do not consider the reversal, intraday short-term trading near 69000 to buy, the target to see 71000, after the breakthrough to see 73400