Bitcoin Short-term Analysis

Analysis: Look for a rebound around 658-663, watch 650-645, stop loss at 668

This morning's positive news drove Bitcoin to surge sharply, with the high reaching 658, breaking the previous consolidation pattern. Currently, the market is in a high-level oscillation stage after a rally, with overall bullish momentum weakening. The price is facing resistance and pulling back near the recent high, with the rebound strength gradually diminishing and selling pressure above becoming evident. Although the moving averages are still in a bullish alignment, their short-term turn flat reduces their support for the price. Indicators show that bullish momentum continues to contract, and intraday trading should focus on short positions at high levels of resistance. #预测世界杯德国VS库拉索 #我的Gate交易时刻 $BTC