#BTC A total of 7000 points landed from yesterday morning through the night. Overall, price remained capped by the upper resistance at 808 and underpinned by the support at 779, with the movement also just managing not to break through the resistance and support levels. As mentioned earlier in the morning, just slightly below the resistance level—i.e., 807 minus Cang or a stance—was where the high stayed as well: it was only a little above 807, without breaking 808. So, as the saying goes, understanding support and resistance is very important. If price is below a strong resistance level, stay with the stance; if price is above a strong support level, also stay with the stance. Don’t chase at the edges, to avoid giving back gains or getting caught on the tree.

At present, the overall structure clearly favors the “duo head.” In the short term, price has continued to trade within the range of the last major weekly bearish candle, which is a large-range corrective move. Yesterday’s upward break above 795 has already broken the large consolidation range, the direction is set, and it has turned into “duo head.” However, there are a large number of sell orders sitting above, so upward movement is somewhat difficult, but it is still ranging around 8, while the sell orders are being absorbed. Once those orders are absorbed, it will be the timing for “duo head” to push higher again. During the day, keep the main focus on “duo,” with “kong” as the secondary.

From around 796 to 793, watch 813 to 818 #美国寻求战略比特币储备