【Price Trend Analysis】

Candlestick Pattern:
Recently, the price has fluctuated within the range of 62000 to 64000, with multiple K-line candles showing long upper and lower shadows, indicating significant market divergence.
On June 24th and 25th, there were significant declines and rebounds, forming a "V" shape, but the overall trend still tends to be oscillating.
Technical Indicators:
MACD: The 4-hour MACD is in the negative zone, with both DIF and DEA being negative and gradually converging, indicating a potential short-term rebound demand; the daily MACD also shows a bearish advantage, but with signs of weakening.
RSI: RSI on the 4-hour timeframe is around 42, close to oversold territory but not yet entered, indicating some potential for a rebound; RSI on the daily timeframe is below 40, indicating that Bitcoin remains weak in the medium term.
EMA: The 4-hour period EMA7 (61645.33) is close to the current price, while EMA30 (62665.21) and EMA120 (65295.21) are in a bearish arrangement, indicating greater short-term pressure; The daily EMA also shows a bearish arrangement, indicating an unfavorable long-term trend.

Trading Volume:
During the period from June 24th to 26th, the trading volume increased significantly, especially the sharp decline on June 24th accompanied by high trading volume, indicating heavy selling pressure.
During the rebound process on June 25th, the trading volume decreased, indicating insufficient buying pressure and limited rebound strength.
A rebound means empty.