BTC short-term cycle continues to oscillate with a slightly bullish trend, with the price currently around 63,470. From the 1-hour timeframe, the price remains within an upward channel and stays above the 5-day, 10-day, and 30-day moving averages, indicating short-term bullish dominance. The upper boundary around 64,200 is the channel's upper edge and a previous resistance zone. A volume breakout above this level could further open upward space; if blocked, attention should be paid to a pullback to confirm support.

Key resistance levels: 64,200, 65,000, 66,000
Key support levels: 63,000, 62,300, 60,700

Today’s opening position strategy
✅ Long idea:
Stabilizing around 63,000-63,200, consider a small long position, targeting 64,200-65,000.
✅ Short idea:
If resisted around 64,200-64,500, try shorting, targeting 63,000-62,300.
Single trade risk: 1%-2%, leverage recommended: 10-25 times. $BTC