Bitcoin is currently holding steady at the key level of $60,000. Many people, seeing the consecutive rebounds, can't resist the urge to chase longs. Here's a reminder to stay calm: This rally is merely a technical recovery rebound after an earlier deep pullback of over 30%, not a reversal to a bull market. Do not get carried away and open heavy long positions.



Ahead, two major strong resistance levels are clearly visible on the chart: the key levels of 62700 and 65000. There is concentrated selling pressure and ample supply. In the subsequent market, only if there is sustained volume and a firm hold above these key levels will a temporary secondary high emerge, completing the final bull trap of this rebound. Then, a new round of deep decline will officially begin.

Currently, the market still has huge long-short divergence, with obvious fund tug-of-war. In the short term, there is no clear unilateral trend, so there is no need to rush into the market. Keep a calm mindset, control your hands, and patiently wait for clear reversal signals to emerge before taking action. #Circle股价重挫17% #TradFiCFD黄金大师赛 #沃什宣告终结前瞻指引 $BTC $ETH
BTC1.86%
ETH5.01%
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What price will Bitcoin hit in July?
↑ 62,500
1.12x
89%
↑ 65,000
1.61x
62%
$735.31K Vol+18 more
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