Let’s talk about Bitcoin’s current market outlook. The 62800-63300 area is the key resistance zone on the 4-hour chart. Only from the perspective of technical indicators, longs can appropriately take profits and exit a bit.

Next, you need to pay attention to the strength of the 4-hour pullback. The current level has already reached the bull-bear dividing line in the bull market. If the market can effectively break through at this level, then the next level to watch will be at the 6-hour timeframe.

So for now, the thinking for longs is to reduce positions appropriately, wait for a pullback, and then keep going long. I’ll send my specific afternoon trading plan in the subscription! $BTC ‌