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On March 30, there is only one way to do the recent trend, and it can be much lower above 68,000, because it is now in the adjustment stage of the second rush, which has been adjusted above the historical high, and the price is completely on the middle track of the daily Bollinger line, which is a strong signal, unless it breaks down again, it will weaken
Above the middle track of the daily line, regardless of the depth adjustment, the recent impact of the market closure, the overall volatility is not large, but the longer the time of the range shock, the greater the strength of the later outbreak, as long as a physical sun breaks through the range, it may usher in a strong unilateral upward trend
The 4-hour level after changing the market framework, out of the obvious W bottom pattern, the neckline support is near 68500, has been tested once there is a certain rebound, but it was rejected near 71600, and a double bottom has been formed, the bottom of the double bottom is higher than the previous low, which is a sign of buying strengthening
Generally speaking, the second test will form a new trend, but at present, it is only seen as a right-angle triangle after the rebound, and a new trend will be formed only after breaking through 71888
The consolidation pattern of the second pull-up, as long as the bulls are still dominant above the neckline, if the short-term is formed at 68300 to form a false breakdown and retract, the second test of the neckline, the support of 38.2 and the acquisition of low liquidity, this time is the most consistent structure with a large unilateral pull-up
To sum up, the general trend is bullish on new highs, short-term in the adjustment stage of the second pull-up, currently belongs to the right triangle adjustment, but the price of the previous low 68300 false breakthrough after the pull-up, is the trend of the confirmation signal, is the best time to enter, but not necessarily to give the opportunity, short-term support focus on the triangle lower rail 69200-68800 range, short-term test of this rebound can be much shorter, the bottom of the focus on 68500-68000 in the middle line more