Bitcoin is in a pattern of consolidation after a rebound encountered resistance. Since the early morning low of 62845, it has rebounded, climbing to a high of 64770 before pulling back under resistance. Currently priced around 63605, the entire process shows characteristics of a weak rally with fading bullish momentum. Ethereum is highly correlated with Bitcoin, also starting an upward move from a low of 1742, peaking around 1788 before declining. Overall, it maintains a weak follow-up rally, with clear market linkage and no independent strong trend.

On the daily level, it remains in a rebound repair phase within a downtrend. Although the price briefly stood above the middle Bollinger Band, it failed to effectively break through the EMA15 and EMA30 resistance. The short-term moving average group is in a bearish arrangement. The strong resistance above lies in the 64500-65000 range, which is also a dense area of trapped positions from earlier periods. The MACD indicator shows a golden cross signal, but the red histogram volume is insufficient, and bearish momentum has not fully diminished. This pattern indicates that the overall trend remains bearish, with the current rebound only a technical repair, and its sustainability and structural stability are questionable. On the 4-hour level, the trend shows a pattern of rising and then falling back. After hitting a high of 64770, the price quickly retraced. The MACD red histogram continues to shrink, and the KDJ indicator turns downward, showing technical characteristics of insufficient momentum, further confirming the fragility of the daily-level rebound. The current market rhythm shows that bullish strength has become exhausted. The short-term rebounds seen are not trend reversal signals but typical weak repair actions. Their core purpose is to accumulate bearish momentum for a subsequent further decline. For this morning's operation, the core strategy is to enter short positions on rebounds, focusing on the suppression effect of the 64000-64500 resistance range.

Specific operation suggestions: Pay attention to the resistance pressure in the 64200-64800 range and the 66000-66500 range. If the price faces pressure and fails to break through at these levels, you can try shorting at highs, targeting 500-6000 points of downside. Standing firmly above 66000 is considered a short-term trend reversal.
$BTC #GT二季度销毁257万枚