In the recent market, there was no downward sweep to take the liquidity below around 605. Instead, it chose to break upward, but large liquidity has accumulated below.

At present, the daily Bollinger middle band 617 is support. On the upside, watch 653 near the upper band. At the same time, it’s also resistance around 657, which is the upper rail of the downtrend channel.

Personally, I’m planning to open a short position around 656, add at 672, and set a loss at 68K.

If going long below, I will pay attention to 617 as the first entry and 608 as the add; 60 breaks is the invalidation. $BTC