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Bitcoin, to put it simply, we’re currently doing okay and trading in a small range. On the upside, there’s resistance at 63,000; on the downside, there’s support at 61,000.
So the next price action will be very important based on the 8 a.m. close tomorrow. If tomorrow’s 8 a.m. close does not receive/hold above 63,000, then you should watch for the risk of a pullback. Those who are positioned below can consider taking profits or reducing leverage to lock in gains. Those holding above 62,500 also need to be cautious about the risk of a rebound.