Currently, combined with the hourly chart trend: after Bitcoin fell back near 61300 yesterday, it rebounded directly to around 64700. However, it has now retreated to the 63300 area and is consolidating there. This suggests that the current Bitcoin rally lacks real momentum, and sentiment still leans more toward a bearish correction.



Based on the daily and hourly charts, in the short term, watch the 63000-62500 zone for competition and potential defense from below. But technically, the 62000-61000 zone is more worth paying attention to.

So, in the short term as well, continue to treat the 62000-61000 area as key support.

On the upside in the short term, continue to watch the 64000-65000 zone for competition. If Bitcoin cannot hold above this area in the short term, the short-term rebound may come to an end, leading to another move toward weak, range-bound consolidation. #BTC
BTC0.69%
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GateUser-318a7dc8
· 2h ago
62000-61000 is indeed a critical zone. If it can't hold, we might have to look below 60k. Let's wait and see for now.
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