$BTC What will tonight’s story session for BTC look like?

In the afternoon, BTC really didn’t move much—worse than even the weekend. It kept hovering around 62,500—62,800, as if it were waiting for an evening breakout: the 8:30 CPI, and the 10:00 Woirch hearing. Judging purely from the technical picture and market trend, let’s look at the lower-side strategy. As for what they’re going to talk about, we won’t guess.
1. Right-side trading
Long setup:
Condition: BTC breaks above 62,820 with volume; chase long on the right side
Confirmation: BTC holds above 62,820 on the hourly timeframe
Targets: around 63,500—64,200
Short setup:
Condition: BTC drops below 62,330 with volume; chase short on the right side
Confirmation: BTC breaks below 62,041 on the hourly timeframe
Targets: 61,754—61,160
2. Left-side trading:
Long entries: place longs around 60,800—61,300
Short entries: place shorts around 63,600—64,200
3. Ranging zone:
After this round of rebound, it will pull back. With each pullback, the bottom is being slightly raised: 61,297—61,520—61,806. So this time, the long-betting range is positioned at 61,754—62,000 within this small zone.