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6.22 Morning Bitcoin Chart 🍜 Market Outlook
Sharp decline from high levels, what’s the outlook today?!
Yesterday surged to a high of 64,568, with repeated consolidation at high levels, and in the evening, bears concentrated their efforts to close with a large bearish candle, dropping to a low of 62,926, directly interrupting the bullish upward momentum.
Four-hour major shadow resistance, short-term trend turns bearish.
Resistance levels: 64,000, 64,568
Support levels: 63,000, 62,926
Trading suggestions:
1. Rebound to 63,800-64,000, mainly short at high levels, watch for 63,000 → 62,926, and if broken effectively, look below 62,500.
2. Stand firm above 64,568, wait for a pullback near 64,200 to re-enter long positions, target above 65,000 $BTC $ETH