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Bitcoin Evening Analysis
Currently in a clear downward channel, MACD below the zero line is flat but showing weak rebound, indicating a weak oscillation correction, and it could break down again at any time.
Support below is the previous low of 62,100, with a dense resistance zone above at 62,600-63,100.
Trading Suggestions
Currently in a consolidation trend, a rebound to short is safer
Entry: 62,600 - 63,100
Take profit: 62,000
Stop loss: 63,550
As long as it doesn't break through the moving average resistance, the overall strategy is to short on rallies, and avoid rushing to buy the dip.