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These past couple of days, the fluctuations haven't been significant, just as I expected, forming a new consolidation range above 80k. Today's daytime rebound was quite good. In the evening, it started to turn sharply downward again, falling back below the opening price. Trump coming to China today, I don't know what he plans to do. Its impact on the market is still unknown for now. If there is a volume increase downward today, look for a good position to buy on the Northbound train.
From a technical perspective, the daily chart of Bitcoin has already formed three consecutive bearish candles. The MACD has a death cross pointing downward, but there hasn't been a significant increase in volume yet. Bitcoin has also remained above 80k throughout. The subsequent pullback is likely to break new highs. In the short term, it looks weak tonight. Just slightly breaking below 80,000, I personally believe the short-term decline has not ended. Watch around 79,000.
Bitcoin trading suggestion: Above 79,000, target 83,000#美国4月CPI上涨3.8%