After BTC stood at 62000, it entered a sideways consolidation


Narrow range oscillation in the 61000-62000 range, neither up nor down all day
From the order book data, the contract CVD continues to hit new highs
Spot prices, however, turned back after breaking 62000
This is a clear divergence signal
A large amount of capital is chasing longs but cannot push the price up
The core issue is that spot selling pressure in this range continues to be released
BTC has already accumulated sufficient downward momentum
Whether it first touches a secondary high or falsely breaks a new high to create a divergence
A pullback will follow
The demand for a correction here is already very clear. $BTC
BTC2.13%
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