Once again, $BTC is facing strong resistance near the $62.3K area, and sellers are preventing a clean breakout above recent highs.


Bitcoin failed to hold above the key resistance zone, leading to another short-term pullback and showing that bears are still defending higher prices.
At the same time, the reaction around the $61.1K support level suggests buyers remain active and are closely watching this area for potential opportunities.
For now:
– Trend: Short-term neutral to bearish
– Structure: Rejection near resistance
– Focus: Wait for confirmation before aggressive long positions
The market is currently cooling down and preparing for its next move. Stay patient and watch for a high-probability setup before the next major trend develops.
BTC0.05%
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RetroRadioEcho
· 07-03 17:31
A typical volatile washout market: bears firmly hold the highs, bulls firmly hold the lows; whoever gives up first loses.
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0xLateComer
· 07-03 15:21
Short-term bearish, but 61.1K has support, wait for a structure confirmation before taking action, no rush.
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OrigamiMountainsAndRivers
· 07-03 15:06
The resistance at 62.3K is really strong. The bulls tried several times but couldn't break through. Let's wait and see.
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