Yesterday, after BTC broke below 63200, it directly plummeted to the 61200 support level. Many probably thought this dive would continue the downtrend, giving bears hope all of a sudden.


But the 61200 support was indeed strong. After retesting and holding steady, the price directly pulled back, not only reclaiming the 62300 resistance level but also breaking through the previous high to reach a new high of 64700.
Now, as long as the price does not break below 63200 and consolidates, it will challenge the 64300 resistance. Once it firmly holds above 64300, look upward to 65000-67000.
Once a pullback breaks below 63200, it will return to the 62100-61200 range. Unless it breaks below the strong support at 61200, it won't go lower.
For BTC, if it breaks above 64000 with volume, go long on the right side; if it breaks below 63200, go short on the right side. Set stop loss $BTC #Vitalik公布精简以太坊路线图
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Lemon-FlavoredStopLoss
· 07-07 07:50
The idea of chasing longs on the right side is indeed solid. A breakout above 64000 with volume is the signal. Just set your stop loss properly and don’t be greedy.
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RugpullTaster
· 07-07 07:01
This support at 61,200 is really rock-solid. The pullback and rebound came right back in a way that had my palms sweating—bears were just celebrating for nothing.
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NotYourExitLP
· 07-07 06:53
Vitalik released a streamlined roadmap at this particular time—interesting timing. Is he trying to boost market morale?
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