It is highly likely that it will bottom out again within two day

15-minute Trend

MA5 and MA10 cross M30 going upwards
MA30 turn downwards
Bollinger Bands opening going upward trend
KDJ and RSI trend stable

Day Trend
Unbroken downtrend
MA5 and MA10 turning downwards and cross MA30
Bollinger Bands opening with signs going down
MACD runs below zero axis

Market Data
The long/short ratio of BTC Futures is 1.19, with longs taking advantage
The top ten addresses have more outflow than inflow
Fear & Greed Index is at 42, still indicating at panic

Analysis
There will be a small upward trend in the short run
We may see the breakthrough of 57800
However, it will not last very long
Operate steadily, just go short at the high point, 56500 at the bottom
It is highly likely that it will bottom out again within two days
It may drop below 55,000 this time
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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