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BTC's 4-hour chart tested the key resistance level at 62386 and formed a long upper shadow, with bullish momentum significantly weakening; on the 1-hour level, it peaked and pulled back, with the 62000 mark completely turning into strong resistance, and the short-term market is likely to consolidate within the 61200-61900 range.
The market keeps oscillating back and forth around the 62000 level, experiencing a slight rally before pulling back under pressure, with the mid-term downside space targeting 60000, and the trading approach being mainly to short on resistance during rebounds.
Saturday early morning trading idea:
BTC: Place short orders in the 62300-62800 range, with a downside target of 61000
ETH: Place short orders in the 1735-1755 range, with a downside target of 1700#ETH突破1700 $ETH