BTCUSD down AB=CD

In the 4-hour chart, BTCUSD encountered resistance and fell back after rebounding to 0.618 ratio in the previous band, and the short-term bearish trend is dominant. At present, we can pay attention to the downward band AB=CD mode, and the downward target is around 58,000. At present, we can pay attention to the short-selling opportunities around 62,000.