BTC's short-term rebound has increased, reaching an important pressure level after reaching US $6572. From the perspective of rebound speed, BTC trend is relatively stable. However, the sell-off pressure of the hold up market may start to appear, and the risk of callback will be faced if the market continues to chase up.

The Fibonacci line is still simple and efficient to judge the pressure level after the sharp fall. 38.2% of the split line is US $6395, which is the second important pressure level. In the previous period, BTC fell sharply on March 12, and the first round of decline was already below $6395. BTC stands above this price level, which usually requires effective adjustment of low price zone.

If BTC has a very large price correction for this round of sharp correction, the target rebound is $6395 and $7150. At $7150, the decline was 50%, and most investors, ' holding costs would not be significantly lower than $7150. Therefore, even if the BTC successfully crosses $6395, the maximum increase will start to adjust before reaching $7150.

Regarding hot currencies, the focus of investors continues to shift to BCH and BSV, where the price increase is relatively high or where investors are attracted. Still, a chase up is not desirable. In the near future, the intensity of price fluctuation is large. If there is a similar decline after the same increase, investors will also expand their losses.