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Brothers, the current Bitcoin chart price has stabilized and rebounded around 60,755, reaching a high of 62,149. It is now fluctuating narrowly between 61,600 and 61,800, and the Bollinger Bands are also starting to tighten, indicating that the market is now waiting for a clear direction!
The strong resistance is near the middle Bollinger Band, and the support is near the lower Bollinger Band. The KDJ has also fallen back from the high level, indicating that the momentum of this short-term rebound has weakened.
Next, we will focus on this range. If it breaks above the middle band, we will look for a rebound; if it breaks below the lower band, we will watch for further decline. No reckless trading, wait for signals to appear before acting!