⭐ BTC Today's Market Update

On the daily chart, Bitcoin closed with a hammer candlestick yesterday, featuring a long lower shadow, indicating buying support at that level, but the candlestick body remains relatively weak, unable to effectively break above 65,000. The daily MACD has a death cross downward, and the bearish momentum has not clearly weakened. The hammer is a bottom reversal signal; a bullish close today would be a short-term bullish signal, while a bearish close would suggest the trend remains bearish.
Bitcoin is currently struggling around $63k. Yesterday, the member group indicated a W-bottom pattern, but it requires a breakout above the neckline at 74,500 for confirmation. Since the neckline was not broken afterward, the structure has failed.
Today, the market continues to consolidate at lower levels, with prices oscillating narrowly between 63,000 and 63,500. The 1-hour chart broke through a descending trendline, but the breakout was sideways, with limited strength, currently testing for confirmation. If this level can stabilize, a small rebound may be possible in the short term; but if the retest fails, the risk of further decline increases.
Upper resistance: 64,300-64,700
Lower support: 63,000-62,500
Today’s outlook is biased toward bearish oscillation, mainly aiming for shorting on rebounds. If the price faces resistance at the rebound zone, consider light short positions. If it drops directly near 61,500, do not chase shorts; wait for stabilization signals before considering ultra-short-term long positions. #分享美股交易赢英伟达股票 $BTC