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Bitcoin started a rebound from the low of 57758, with an intact upward structure. During the day, it surged to 63990 but encountered resistance and pulled back, currently oscillating around 62800. The subsequent trend should focus on two key prices: if 62000 is not broken, the upward trend remains unchanged; if 64000 is successfully broken, the market enters a new upward phase.
62000 is the watershed of this rebound trend. The lower rail of the 4-hour Bollinger Bands and the integer level form a support resonance. Combined with the previous dense chip zone, there is sufficient long-side support. The daily chart maintains an upward channel with rising lows and higher highs. This is the key lower edge of the channel. If it is not broken, it is just a normal shakeout during the uptrend. At the same time, the market maintains net capital inflow, and the pullback has not shown bearish signals of volume or position increase, indicating insufficient downward momentum.
64000 is the short-term strength demarcation point. This position combines the integer psychological level, the previous rebound high, and selling pressure from trapped positions. Currently, the 4-hour MACD shows bearish divergence with shrinking volume. Before the breakout, the market will oscillate and digest within the 62000-64000 range. Once it stands firmly above 64000 with volume and position increase, it confirms the end of the shakeout. The longs will regain dominance, and the uptrend will accelerate. The upside space will open, with targets looking towards 65000-67000,
$BTC #现货黄金站上4200