Waiting for a market catalyst, BTC is about to see a strong shift between strength and weakness!

Currently, the crypto market is in a typical state of tug-of-war between bulls and bears, with price action stuck in indecision.

 The bulls can rely on two things for now: first, the uncertainty in the Middle East geopolitical situation—positive developments could come at any time to lift prices; second, expectations for subsequent Federal Reserve rate hikes are cooling, leaving plenty of room for a rebound and price correction.

  And the bears are also well-prepared: mainly because the U.S. economic data is performing strongly, pushing up market expectations for rate hikes and continuing to suppress prices.

After a round of declines, the big coin has currently stabilized and is consolidating and recovering in the 62-64 range. Looking at the 4-hour structure, it is running above the BOLL middle band, and overall the rebound space still looks relatively strong—waiting for a pullback, and then we continue to look for the rebound. Resistance is at 645 and 65200. Support is at around 62600, with major support at 61000.

BTC trading suggestion: go long at 618-621. Defend at 61000. Target: break through to 638, then look for 645-652#非农数据超预期加息预期升温