In the market trend, the market has adjusted as expected and pulled back. Yesterday, Bitcoin went up and then fell back, but the good news is that there is no supply follow-up today. Stop signals have appeared on the small timeframes, and so far, the trend of Bitcoin on the small timeframes is still healthy. After the opening of the US stock market tonight, the market will show a more realistic supply and demand relationship. Currently, Bitcoin is still confirming its trend on the right side after touching the bottom. It doesn't necessarily have to go above 60,000, but it must not break through 60,000. Breaking through may invalidate the bottom. On the larger timeframes, the trend is still upward relay. Continue to hold and wait patiently for the emergence of a new trend.