$BTC In this pullback, what I care about more is that the funds are re-selecting their direction.

After BTC fell from around 64,673, it weakened continuously on the 4-hour timeframe, bottoming near 61,810. Then a modest rebound appeared. Currently, the price is back around 62,799, which suggests there’s some support below, but it hasn’t fully shaken off the corrective structure yet.

This batch of long positions was set up around 62,010, and the unrealized profit is close to 2x. The core logic isn’t betting on a rebound; it’s checking whether the support near 61,800 holds effectively.

For the short term, watch two levels:

For upside resistance, look at the 63,200-63,500 area. If it can reclaim and hold above that zone, there may be further opportunities to test around 64,000.

If it falls below 61,800 again, it would indicate that long-side support is insufficient, and price may continue seeking support near 61,000.

Recently, the market has been waiting for macro data to land, such as the U.S. CPI. Changes in the dollar and U.S. stock risk sentiment will both affect BTC’s short-term volatility. So, this phase isn’t suitable for blindly chasing longs; it’s more about waiting for key levels to present opportunities.

I’ll keep recording the key turning points for large-cap coins, and plan entries, exits, and risk levels in advance. If you want to track real-time order-book changes, you can follow updates in my main hub—many opportunities often aren’t there only after the market starts, but rather when you prepare in advance while waiting. $ETH $XRP