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Bitcoin continues to trade in intraday consolidation with a downward trend, moving from the top at 64,405 down to 63,605. It is currently hovering around 63,800. From the four-hour timeframe, it can still maintain the earlier view from the morning, with the main focus on bearishness.
Mingyuan 7/12 evening 64200-64700 area, remain bearish, looking at 63500-62800 area.
Mingyuan 7/12 evening 1815-1835 area, remain bearish, looking at 1765-1730 area.
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