Bitcoin rebounded yesterday early from the low of 59,560, then surged straight up after the 60,000 support was confirmed in the afternoon. In the evening, driven by positive Non-Farm Payrolls and in tandem with US stocks, it climbed to a peak of 62,178. However, trading volume failed to sustain, and toward the close it fell back to consolidate around 61,100. The daily chart closed with a long upper wick, showing that sell pressure in the 62,000–62,200 area is clear.

Bitcoin is currently in a high-level consolidation phase following an oversold rebound. Due to the US Independence Day holiday, US stocks will be closed today through the weekend, and the crypto market will lose external sentiment guidance. The market is expected to see a low-volume tug-of-war within the 60,800–62,200 range.

Resistance is at 62,000–62,200; a breakout would target 62,800–63,000. Support is at 60,800–61,100, with stronger support at 60,000–60,300. In terms of strategy, low-position longs can be partially reduced in batches in the 61,800–62,000 area. If the price pulls back to 60,800–61,100 and stabilizes, you can lightly enter longs. Liquidity is relatively thin over the weekend—strictly control position size and don’t chase rallies. #GateCard上线积分体系