BTC is currently oscillating in the 624-65K range, with previous highs gradually moving up. Last night, the early-morning high dropped to only 642,



The upward momentum is weakening. Do not blindly short anymore; be cautious of a recent pullback. Watch support near 624 and 608 below,

If it does not break below 608, we can still expect continued upward oscillation. Breaking 608 would mean the end of the 577-647 rally,

If the price fails to break 64K again in the near term, long positions should consider taking partial profits in batches,

For shorting, watch 64K-652 and 66K as well as the strong resistance at 675. For longing, watch 624 and around 610.
BTC-1.86%
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