Morning Bitcoin Short-Term Analysis



Analysis: Rebound around 640-645 to short, target at 630-620

Dual pressure from macro and capital factors is putting non-yielding crypto assets under severe stress. As geopolitical tensions escalate again, institutional selling continues, coupled with market expectations of delayed rate cuts and rising U.S. Treasury yields, a large amount of capital is accelerating to flow back from the crypto market to the dollar fixed income market. Short-term moving averages are turning downward, and the price is gradually falling below the moving averages. Indicators show diminishing bullish momentum and a turn to bearish, with intraday rebounds relying on resistance to short positions. #预测NBA总冠军赢20,000U $BTC
BTC1.85%
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