$BTC The one-hour MACD has formed a death cross and bearish momentum is gradually expanding. The market has pulled back to test support at the middle Bollinger Band level of 62356. Currently, the bid-to-ask ratio on the order book is 1.45, with low-level buy orders accumulating, providing solid support. The four-hour MACD volume has shrunk slightly, and the overall bullish structure has not been broken. The funding rate remains low and stable, and there is no overheating in the market.



BTC: Long at 62500, stop loss: 61700, upside targets 63000-63500, hold if breakout continues.
BTC0.82%
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NoMoreRugs
· 07-04 10:05
MACD shows a death cross, but the structure hasn’t broken. Support at 62356 is indeed solid. The stop loss set at 61700 is quite conservative. Let’s see if this move can push up to 63500.
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