Midday Bitcoin rally reached a high of 62,922, breaking through yesterday's high of 62,800. The short positions set up earlier are currently slightly trapped. Stay calm and patient. From the chart, the second rebound from the 60,700 retest high is higher than the first, but the low hasn't gone lower, indicating this rebound isn't over yet. We need it to push up to a new high before the correction can be more effective.


If it can stay above 62,200 without falling further, it will return to the upper large box range, giving a chance to challenge the resistance at 64,300.
Conversely, if it falls back below 62,200, it will move within the lower range for consolidation and fluctuation. If it breaks below the support at 60,700, it will test the support near 59,800.
#我的Gate交易时刻 $BTC $ETH
BTC3.49%
ETH3.68%
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