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Bitcoin is currently oscillating sideways around the 63000 level, with price action closely resembling yesterday's pace. Will the trend replicate yesterday's move?
Yesterday, the market started declining from 64000, dropped to 61200, then quickly rebounded and surged back to the starting point, eventually rallying to 64600, forming a textbook deep V-shaped move. Many likely suffered losses and got trapped during this back-and-forth volatility. We also experienced short-term floating losses earlier, but luckily we managed the rhythm in time and exited smoothly to lock in profits.
The short position we deployed at 63700 in the morning has now been partially reduced and held. Those who haven't entered yet, patiently wait for a rebound opportunity before taking a position.
Key focus areas for the short-term range: upper resistance at 63900‑64700, lower support levels to refer to sequentially at 62300, 61800, and 61200. Manage the rhythm within this range.$ETH $BTC #GUSD年化升至3.8%