【BTC】From the 4H perspective:


At the hourly level, the candlesticks keep forming a bearish candle and dumping setup.
Currently, there is ongoing consolidation above the 62,000 level.
Here, it’s evident that the signs of a short-term rebound are noticeably weak.
There hasn’t been a strong rally pattern like the previous “do-tou” rebound and surge.
However, it’s also not very realistic for it to keep dumping and break below the previous low support.
In the subsequent movement, it’s likely that another wave of a modest rebound will appear.
In terms of layout, you can focus on the high resistance around 64,000.
The downside target is around the 60,000 level.
BTC-2.13%
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