OurBit Daily Solution: Bitcoin exhibits incredible volatility and remains volatile in the short term.

Bi Xiaosheng, OurBit Gold Medal Analyst: Yesterday, BTC encountered a wave in the roller coaster industry. It is slightly above 24,000 after opening yesterday. After the pressure, it also slowly decreases. Lows hit the 22700 line, then quickly returned to the high near 24150. The market then gradually moved lower, below around 22600 this morning and now hovering around 23160. Measure: After the price of Bitcoin rose over a thousand points after yesterday's sharp drop, the price fell again today. At the one hour level, the market is moving towards the lower end of the Bollinger Bands and the KDJ 3 pair combination indicates significant divergence. The daily run is at the top of the Bollinger Bands, and the KDJ three-way crossing branches off to the bottom. Yesterday we met the great woodpecker. Usually, if the sun doesn't turn around and explode, the bulls will be gone. If the market continues to rise, focus on 23500, 23700, 24000 upper and 22800. 22600, 22300 are lower. Recent markets are heavy, so be careful with risk management.