Bitcoin yesterday delivered a roller-coaster market pattern of “rising then falling, a deep pullback, and a V-shaped reversal.” In the early session, it pulled back after facing pressure around 63960. In the evening, under the impact of MicroStrategy-related news about selling coins, it plunged to 61280, almost giving back all the gains since the non-farm payrolls. Then, a call from Trump drove a straight-line surge, pushing the price to a peak of 64700. It is currently consolidating around 64000. On the 4-hour chart, the market bottomed and rebounded with a long lower wick, showing that buy orders are absorbing near 61280. However, after the rebound to 64700, it quickly fell back, and overhead pressure remains clearly evident. Whether the news-driven rebound can continue requires confirmation from volume; overall, the market is in a consolidation phase following a sharp selloff and rebound. Key resistance is 64700-65000, with stronger resistance at 66000-66500. Key support is 63500-63800, with stronger support at 62000-62500. For operations, maintain a range-bound approach until there is a high-volume breakout above 65000. If a pullback to 63500-63800 stabilizes, you may lightly go long. If there is a high-volume breakout above 64700, follow the move and look for 66000-66500. If it breaks below 62000, you will need to reassess the trend structure. #GT二季度销毁257万枚

BTC-0.03%
GT0.73%
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BullAndBearBattle
· 16h ago
Buy the dip and enter 😎
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