The upcoming market trend has the potential to form a small-scale bear flag:

Currently, Bitcoin's price at 63,000 is being suppressed by the 1-hour Vegas channel. It also hits the parallel resistance/support zone, which requires time to break through. If this position encounters resistance, a pullback to around 61,500 can be used to go long. If a smooth breakout occurs, the resistance levels above are at 64,500 and 65,300. 64,500 is the previous support/resistance parallel pressure zone, and 65,300 is not only a support/resistance flip zone but also the upper edge of the trendline. Therefore, this position is more recommended for shorting.
Summary: go long at 61,500, take profit at 62,800, and 64,500.
Aggressive traders can short at 64,500 and add positions at 65,300. Conservative traders go short at 65,300. The target is the lower edge of the trendline, and it is estimated that the price will be around 62,200 at that time. #我的Gate交易时刻 $BTC