Bitcoin 4-hour surge hit 62386 trend resistance with long upper shadow, bullish momentum weakening; 1-hour surged and fell back, 62000 turned into strong resistance, consolidated in the 61200-61900 range during the day.



The market is oscillating around the 62000 area, with a brief minor breakout followed by a pullback. Mid-term downside target is 60000. Priority is to short on bounce resistance.

Saturday early morning strategy:
Bitcoin entry reference short near 62300-62800, target 61000.
Ethereum entry reference short near 1735-1755, target 1700.#非农爆冷打压加息预期
ETH3.59%
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PfpArchaeologist
· 2h ago
The nonfarm payroll data came out, dampening rate hike expectations, but the crypto market didn't seem to react much; it's safer to follow technical levels, short near 62800 targeting 61000.
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LatencyMonk
· 5h ago
The resistance at 62000 is indeed tough; the bulls have tried several times but couldn't break through. Wait for a rebound to short.
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GateUser-2eca626f
· 5h ago
4-hour long upper shadow + momentum weakening, classic top signal, place a short at 62300 to test the waters.
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