6.23 BTC Afternoon Market Analysis

The upward trend is not sustainable, and the decline is not continuous.
The bulls cannot push higher, and the bears cannot break through.
This kind of market is most likely to cause frequent traders to keep paying tuition.
From a structural perspective, around 63,000 has already formed a short-term capital defense zone, with support appearing each time it dips. Meanwhile, the 64,000-64,500 area is a clear recent resistance zone.

Therefore, the current focus is not on prediction but on following the trend.
As long as 63,000 is not broken, the overall structure remains more inclined toward oscillation with a slight bullish bias.

Trading Strategy
🟢 Bullish Plan
Buy in at 63,200-63,500
Target 64,200
Target 64,800
Break through 64,800 to look at 66,000
🔴 Bearish Plan
Pressure at 64,500-65,000, attempt short
Target 63,800
Target 63,200
If it breaks below 63,000, continue to watch 62,500
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