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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