Monday morning analysis on the 6th of August

$BTC This rebound is quite strong, yesterday's stop-loss was small, and I repeatedly reminded everyone that as long as 61,600 holds steady, it will directly bounce back.
Currently, the 1-hour chart has risen by 3.37%, with the price reaching over 62,800, and net capital inflow exceeding 500 million, clearly showing bullish momentum.

From the indicators, the MACD red histogram is expanding, and the KDJ has not yet entered the overbought zone, so the short-term upward momentum has not been exhausted. Moreover, the price has already broken above all short-term moving averages and just touched the upper band of the Bollinger Bands, indicating a breakout rebound.

However, it’s important to note that breaking above the upper Bollinger Band often leads to a pullback for confirmation. The key is whether the support around 62,100 can hold. If it cannot, there may be further consolidation. A personal suggestion is around 64,300-65,000, with a target of 62,000-61,500.