Current Bitcoin trend:

In the evening, the market has surged all the way up to the 60,500 level, pulling out nearly 2,000 points of short-term fluctuation space. The price has once again touched the resistance level of the key prior trendline. On the technical indicators, the RSI shows a small bearish divergence warning, but bullish volume is still being steadily released, and the battle between bulls and bears is intensifying. Judging from the overall market, there is considerable sell-pressure resistance around the short-term trendline. When it first touches this area, you can try a small-position trade to play the pullback.

Trading suggestion: At the current price range of 60,300–60,550, you can choose an entry to do a small-position trade. Targets are the 59,000 and 58,500 ranges.

Reminder: The current bullish momentum has not completely faded. The bearish divergence is only an early warning signal and does not mean the market will reverse immediately. Please make sure to strictly control your position size. Market volatility is fierce—risk management should always come first. Set stop-loss orders and do not hold positions against the trend. #BTC