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BTC evening market analysis
After reaching a high of 63,286 during the day, BTC’s upward momentum slowed down; the price gradually pulled back and moved into high-level consolidation. Pressure has emerged above the 1-hour level. The pace of short-term upside is slowing—do not blindly chase longs.
The support at the previous lows remains effective. This pullback is temporarily defined as a rest after the rise, and the rebound structure on a larger timeframe has not yet been fully broken. Short-term trading should not be aggressive; wait for the support area to stabilize before getting involved.
Trading reference
BTC: 63,000-62,500 short, target 62,000; break and watch 61,500
“Second biscuit”: 1,760-1,740 short, target 1,720; break and watch 1,680
(Individual views are for reference only; everything should be based on the live market.) #BTC