Good weekend, yesterday the market for BTC showed a slow rise, breaking through the short-term pressure. We emphasized yesterday that the current BTC market meets the conditions for a swing trading rebound, mainly looking at the strength and pattern of the rebound, and whether it can break through the pressure of the descending channel and convert into a swing trading rebound on the daily chart. Can it continue to rise today?

Judging from the rising strength of yesterday's cake, the current cake has ended 2 weeks of downward movement, opened the daily level of shock rebound trend, and yesterday's rebound reached the band rebound pressure range before it fell, the fall of the cake is smaller, and other varieties have more room to fall, from the perspective of time and form, the day is still expected to continue the early morning fall to the evening. Since yesterday was a V anti-pattern, the strength of the step back may be relatively small, today's lower support is mainly in the 102800-102000 area, the evening to the position can be backhanded layout, and at the same time need to go out of the layout of the Kong, if the day can not reach the range, the next wave of upward rebound in the evening will also come, rising above 106000 again