1. Market Overview

BTC is currently trading in the **$62,000-63,000** range, with a 24-hour decline of about 2-5%. After the Iran-U.S. peace agreement was reached, the market "sold the news," with a total drop of approximately 7.5% since the high of $67,300 on June 15. In the past 24 hours, about $479 million in liquidations occurred across the entire network, with long positions dominating.

2. Technical Analysis

· Bearish dominance: 4H MACD bearish bars continue to expand, and the lower Bollinger Band has been broken through
· Weak rebound: 1H RSI around 32.5, buy depth only 0.01, lack of buying support
· Key levels: Resistance at $63,300-63,600, support at $62,000 and $61,500

3. Strategy Recommendations

Focus on shorting (mainstream trend)

Project Parameters
Entry $62,800-63,300
Stop-loss above $64,200
Target 1 $61,600
Target 2 $60,400

Cautious bottom-fishing: Only consider if volume increases and BTC stabilizes above $62,000 with clear reversal candlestick signals; otherwise, avoid going against the trend.

4. Risk Warning

Low liquidity during the holiday period can amplify downside moves. If BTC drops below $59,834, the liquidation strength of major centralized exchanges' long positions could reach $704 million. The above is for reference only; please set stop-losses strictly and control your position sizes.

⚠️ The above content is compiled from public market data and does not constitute investment advice. Trading risks are your own.