Morning Bitcoin Analysis



The market has finished falling and is now consolidating weakly, with no strength in the rebound. The bulls are unable to exert force. Although the current position isn't high, the bottom hasn't been confirmed yet, so don't rush to buy the dip. Wait until a key level is broken before taking action; trading on the right side is more stable.

Above, look at the pressure zone around 63,000. If the rebound reaches this level without increasing volume, it remains weak, and you can consider shorting to catch the pullback.

Below, observe the support zone around 60,500. If a retest here shows signs of stopping the decline, consider long positions to catch the rebound.

When rising, watch if the volume can keep up; when falling, see if the volume can decrease. Don't guess blindly or get carried away; wait for the market to give signals. #Gate直通IPO认购SpaceX $BTC
BTC-3.07%
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