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The current trend is still relatively healthy. The support below BTC is still quite strong, with high trading density in the 62000-61k range. There is also a support level at 62300 that has been tested twice and hasn't broken yet. Soon, a third test around 62300-62400 could be an opportunity to go long for a rebound. Set take-profit between 62888-63088 with flexible movement, $BTC
For stop-loss, if the price accelerates downward to around 61800, you can set a protective stop.
BlockBeats news, July 4, according to Coinglass data, if Bitcoin breaks through $65k, the cumulative short liquidation intensity on mainstream CEXs will reach 651 million.
Conversely, if Bitcoin falls below $61,000, the cumulative long liquidation intensity on mainstream CEXs will reach 678 million.