On March 19th, the price continuation of the decline has exceeded many people's expectations, but I have been emphasizing that it is a normal pullback, and the bull market pullback of about 20% will be an excellent spot entry time, this price is also around 59000 is also the buying support area of the early pin, the spot is still the best opportunity to pay attention to this position

The market will not change from an extreme bullish breakthrough to a bearish one, and the price is not directly sold sharply from a high point to form a bear market, but to go to a high distribution range, during which there are many tempting structures, allowing retail investors to take over and then slowly ship, so the recent adjustment will be a huge buying opportunity

After the daily line slows down in the continuous pull-up, affected by the grayscale sell-off, the price falls back from the upper rail to the lower rail, this large pullback, when the three tracks are parallel, will generally stop at the lower rail, and there is a large rebound, so when this bit tests the lower rail or is close to the lower rail, it is the first entry position, this position is close to 62000 or in the 60400 area, the bulls will generally have a sneaking behavior, so pay attention to the price behavior near 62000 for the second test

On the 4-hour level, although there has been a shift in the market framework, the overall retracement is 50% of the rise from 50900, which is an important reversal mark

To sum up, the adjustment of the market is still a benign adjustment, the best spot entry near 59000, but not necessarily to give the opportunity, the secondary spot trading opportunity near 62000, the daily test near the lower rail there is a sharp rebound in demand, the small level has also completed the three-stage adjustment, so do not blindly chase the short in the near future, the price has a reversal of the prototype, as long as the breakthrough 68800 strong will return, short-term focus on 64000 near the support to buy, the target to see 65200-66700-68800