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7.3 Morning BTC Analysis
Analysis: On a rebound, consider taking the long position around 618-622; target 610-600; defend at 627
Yesterday’s non-farm data came in stronger than expected, further reinforcing expectations for a U.S. Fed rate hike. Combined with today’s U.S. stock market closure and reduced market liquidity, price spiked up to 62180, then came under pressure and pulled back. BTC is trading below the moving average; bullish momentum is weakening, and funds have seen a slight outflow. Multiple bearish factors are suppressing the upside rebound space—wait for the rebound before taking the long position #GateCard上线积分体系 $BTC