Reviewing the early morning market sentiment, Bitcoin attempted to rise to the high of 64,394 but faced resistance at the high levels, now pulling back to around 63,400 with sideways consolidation, nearly a thousand points of fluctuation. Early in the morning, Lao Yang publicly previewed the market, and the market perfectly validated this, successfully capturing a 460-point move, with clear entry points given—did everyone follow along? Market sentiment is constantly rotating; countless times I’ve anticipated what this market move would look like after capturing this wave, but when the real opportunity arrives, I hesitate and step back—so isn’t this just a big missed opportunity?

Currently, the bearish structure on the chart remains unchanged, still in the process of over-sold correction. On the daily chart, the Bollinger Bands are opening downward, with price mainly trading between the middle and lower bands in a weak zone. Early in the morning, it also successfully broke through the important resistance area near 64,000 but did not stabilize, encountering bearish pressure again, and will continue to test the support below. On the four-hour chart, after a sharp decline earlier, a relatively strong V-shaped rebound has formed, with consecutive bullish candles. Although bullish momentum has been released, it still faces overbought correction pressure.

Focus on whether Bitcoin can break and hold above the previous high of 64,250, which could extend the move toward 65,000; otherwise, the target remains at 62,000. #Marvell大涨超11%领涨芯片板块 $BTC