$BTC After dropping below the daily line, another doji candle formed again. The volume is still the same as yesterday, but the decline has become much smaller. So this is still a bullish strengthening signal—bulls are holding strong.


Next, looking at the four-hour chart: after the drop to 62,700, there was a high-volume rally. Then there was a doji plus another drop, but there’s no volume here. So it’s possible it may test the 62,700 support level again. On the one-hour chart, it formed an “M” shape, and after reaching 63,800 it fell back inside. So on the one-hour chart as well, it should attempt to break above 62,700 again. You can try opening a long position at 62,700, with a stop-loss set at 62,000.
Today is not suitable for opening with heavy position sizing. In the evening, there is a Federal Reserve Chair appearance—wait for the news. Since the daily chart is still in a range-bound consolidation and no clear trend has emerged, chasing price action now is not appropriate for placing orders.
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