6.8 Midday Bitcoin Market Outlook 🍜

Bullish momentum is fully built up; these two levels will determine the breakout direction this afternoon!
This morning's analysis was accurate, with the market perfectly rising on the support of 63,000!
Currently, the MACD is crossing above the zero line upward; although the red histogram is shrinking, it remains positive, indicating that bulls dominate the short-term trend.
Stabilizing above 62,000 and testing the 63,000 resistance.
Key battle: If it holds above 63,000, the upside space opens; otherwise, a pullback to confirm support is needed.
From the low of 59,080, a rounded bottom/double bottom right-side rally pattern has formed; the current sideways movement is a healthy accumulation.
Resistance levels: 63,000, strong resistance at 63,800 - 64,000.
Support levels: 62,000 - 62,200, strong support at 61,200 (defensive bottom line; if broken, the trend weakens).

Trading suggestions:
1. Wait for a pullback to the 61,800 - 62,000 range to stabilize before entering long positions; stop-loss below 61,200; first target at 63,000; second target at 63,800 - 64,000.
2. If there is a volume breakout and it stabilizes above 63,200 in the afternoon, consider a light long position, with a stop-loss below 62,500, targeting $BTC 64,000 - 64,500.