As things stand, Bitcoin's near-term bottom is almost in place. If it doesn't bounce, it could drop no lower than 62-63, where a lot of buying has accumulated in this support zone.
Simply put, this level wasn't drawn arbitrarily. The price has been caught here during several previous dips, showing that real money is defending it. If you ask me whether it's time to buy the dip, my view is: don't rush to go all in; scaling in gradually is safer. I still favor a choppy recovery, not an immediate V-shaped reversal, but there really is limited room for another sharp drop. First, watch whether the price can hold above the 68-70 resistance zone. Only then can we talk about a reversal; otherwise, it will keep chopping around. Remember this when trading: don't panic near support, and don't get greedy near resistance.
The market is always right. Our job is to follow its rhythm, not fight the trend. #Gate直通IPO第三期Anthropic #10月PPI低于预期 #比特币跌破7万美元 #美国初请失业金人数高于预期 #BTC $BTC