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Saturday Afternoon Jingyi Bitcoin Thinking
The current 4-hour cycle is in a recovery sideways phase after being oversold, with a gentle rebound strength, no strong breakout momentum, and a short-term balance between bulls and bears. The trend is relatively weak, following BTC's passive fluctuations.
Only when the 4-hour level stabilizes above 643 will there be further upward movement; losing 629 will lead to another test of the 618 support below.
Key resistance levels: 643-652
Key support levels: 629-618
Weekend trading can adopt a high sell and low buy strategy.