Bitcoin midday market analysis

Reference strategy prioritizes doing nothing:
Entry short zone: 62,500; support level: stand firm above 63,500 to exit
First take-profit point: 61,000; after a valid break below, look towards 60,000

In the past two days, Bitcoin's overall trend has shown weakness, with each small rebound met with selling pressure from trapped longs above, and external chasing funds are cautious, showing no willingness to enter.
The 60,000 level is a key dividing line between bulls and bears. Currently, the 5-day moving average has not turned upward, and trading volume during rebounds continues to shrink, indicating that the buying power is severely lacking. The current market is merely a brief pause after a sharp decline, not a trend reversal signal.

Before the price breaks through the 63,000 resistance zone, short positions have a clear risk-reward advantage. Strict stop-loss placement is sufficient for shorting. #币圈# #区块链# #贝莱德减持BTC增持ETH #现货黄金跌破4200美元 #Gate直通IPO认购SpaceX $BTC $ETH