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Today, BTC bottomed out and rebounded. The overall market remained weak with choppy consolidation; the low dipped to 63,769. After rebounding to 64,272, it met resistance, and into the close it traded around 64,160.
As the price touched the upper Bollinger Band and then fell back under pressure, the KDJ turned downward from a high level, and bullish momentum in MACD continued to shrink. This rebound is only a technical correction after a major drop. Funds continued to flow out; sell pressure above remained heavy. The bulls’ offensive efforts were insufficient, and the market is still dominated by bears.
Today’s trading is over. Don’t obsess over day-to-day profit or loss—take time to review calmly, and meet tomorrow’s opportunities with a steady mindset. #BTC#ETH