6.13 Morning Bitcoin Chart 🍜 Market View

Bitcoin surged to 64,362 and was hammered down! Don't chase blindly at this level today!
Yesterday, Bitcoin tested the bottom near 61,068 and rebounded strongly, reaching a high of 64,362, then faced resistance and pulled back.
The whole day stayed in a high-range oscillation between 63,000 and 64,000, finally closing around 63,397.
During the surge, bullish momentum was clearly released, but the selling pressure above 64,300 was heavy.
Multiple tests failed to break through effectively, and the market entered a consolidation phase at high levels.
From the 4-hour chart perspective, Bitcoin is in a high-range consolidation zone, with candlesticks alternating between bullish and bearish,
indicating a balanced battle between buyers and sellers, with no clear trend breakout signal.
On the MACD indicator, the DIF line continues to stay above the DEA line, with a golden cross still ongoing.
The red histogram has not disappeared but has significantly shrunk.
Short-term bullish momentum still exists but shows signs of weakening.
Next, focus on whether trading volume can sustain the follow-up.
Support levels: 63,000-62,800 range, with strong support near the previous low of 61,068.
Resistance levels: 64,000-64,362 range. If unable to break through effectively, there is a short-term risk of pullback.

Trading Suggestions:
1. If the rebound encounters resistance at 64,000-64,300, consider light positions, with a stop loss above 64,500, targeting the 63,300-63,000 range;
2. If it stabilizes after a pullback to 62,800-63,000, consider light positions, with a stop loss below 62,500, targeting the 63,800-64,300 range. $BTC $ETH