6.23


Bitcoin around 63,900 with light short positions, stop loss at 64,800, target 63,000/62,000.

Last night, the US stock market continued to be under pressure, bond yields steady above 4.2%, funds still flowing into safe-haven assets, risk appetite remains difficult to recover in the short term.
Bitcoin retraced from around 65,600, touching a low of 63,783, currently oscillating near 63,900, with four-hour candles closing consecutively in red, rebound highs gradually declining, a typical weak structure.

In terms of volume, 24-hour trading volume is 13.64K BTC, with a transaction value of 881 million USDT, significantly shrinking compared to previous days' volume increase, indicating insufficient bullish bottom-fishing willingness and a dominance of bears.
MACD fast line accelerates downward, KDJ is at low levels but not showing divergence, no bottom signal in the short term yet.

At 63,900, it looks like there is support at the round number, but since 64,500 couldn't hold earlier, this support is less reliable.
Intra-day, watch 63,000; if broken, then 62,000.
Don't rush to bottom-fish; one bullish candle during a decline doesn't change the trend.

The wind hasn't stopped, continue to wait. $BTC #Gate直通韩股股票 #预测世界杯法国VS伊拉克
BTC-2.10%
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