Yesterday, Bitcoin surged up and then fell back, attempting 60,000 before failing; after that, it rebounded. Although it was also capped by resistance and suppressed, it still traded in a range, and there’s also quite a lot of room. The direction that was laid out also moved upward as scheduled, just as expected.



At present, this rebound appears to be a technical correction after a large drop rather than a reversal of the trend. On the weekly timeframe, although there is a rare bullish divergence signal—lows are decreasing while the RSI is rising—this suggests that long-term selling pressure is weakening. However, this still needs time to be verified. In the day-to-day short term, you can focus on trading around the range: consider going long near 62,000–62,500. And also keep an eye on the 63,800–64,500 area above.
BTC-0.64%
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