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Bitcoin Short-term Analysis
Analysis: Around 635-640 for a rebound, with a stop at 645, watch 625-610
The overall intraday trend is in a weak consolidation phase after a decline, with a predominantly bearish rhythm. The price faces resistance below the moving averages and cannot stabilize above the key resistance zone, making rebounds difficult to sustain; once the short-term support below is broken, the downward space will open up. The moving averages are in a bearish alignment, and the price continues to trade below the moving averages, with bearish momentum still dominant. The intraday strategy is to focus on rebounds that lead #Strategy低位加仓1550枚BTC into further declines.