Bitcoin’s 4-hour major cycle shows a clear bearish trend. Any rebound is just a correction, and the medium-to-long term outlook remains bearish.



In the short-term range of 61,870–63,050, expect sideways movement. Key approach: prioritize shorting from the rebound when it nears the 62,730 resistance. Only when it pulls back to 61,870 and stops falling should you lightly buy for short-term arbitrage; these low buys are strictly for short-term trades—do not hold long-term long positions.
BTC-0.49%
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