Late yesterday evening, BTC dipped into the 62,600 area support, then oscillated and rebounded, with the market continuing to move upward. In the early morning, it surged to around 64,100, after which the price traded sideways and consolidated around the 64,000 level.



From the current market structure, on the daily chart the price is moving to the Bollinger middle band, and increasing downside pressure has begun to show; the bulls have not been able to effectively follow through. At this stage, it’s only a recovery phase after a decline. On the 4-hour cycle, since the low at 62,660 the price has steadily rebounded. Current price is approaching the Bollinger middle band; short-term rebound momentum still exists, but the middle-band resistance cannot be underestimated. On the 1-hour timeframe, it has shown a series of strong rising moves—price has pushed into the Bollinger upper band. Indicators are gradually entering the overbought zone, and there is a short-term need for a pullback to digest profit-taking positions. This rebound is nearing its end.
Maintain the same trading approach: for the outlook, it remains a high-priority plan to open short positions on rallies!
BTC short on rebounds around 64,500–65,000, targeting 63,800–62,500
ETH short on rebounds around 1,920–1,950, targeting 1,850–1,780#USD1持币生息最高8% $BTC $ETH
BTC1.50%
ETH1.88%
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