7.14 BTC around 63000-63500: still choppy near the range; targets 62500/62000


After BTC surged to around 64600 yesterday, it met resistance, struggled, and fell back, with a low dip to around 61800. It has now rebounded to around 62500 and is consolidating.
From the 1H structure, after the price broke below the short-term moving averages, it entered a repair phase, and short-term bearish momentum has been somewhat released.
But support around 61800 is clear, and the bulls have begun to attempt a counterattack.
At the moment, 62500 is a re-contesting zone between bulls and bears: above, watch the 63000-63500 resistance area; below, focus on whether the 61800 support holds.
After a rebound following continuous declines, don’t blindly chase shorts;
after a pullback following a sharp rise, don’t panic and cut losses.
Real trading isn’t about predicting every fluctuation; it’s about waiting for opportunities at higher-certainty positions.
Trend first, discipline first. $BTC #BTC
BTC-0.99%
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