BTC did not fluctuate much over the weekend and is currently running around 64,000. Yesterday, the U.S. stock market fell 2%, but Bitcoin was still able to run around 64,000. The selling pressure at that time was effective and the overall trend was strong.

After Bitcoin hit the bottom of 60,000 for the second time, the daily level closed with a large volume, and the 60,000 position formed a mid-line support. If the situation in Iran and Israel does not escalate, it will be difficult for the market to run below 60,000. At present, it is difficult to go down to 60,000. The negative news and fundamentals have almost been digested.

From the 4-hour level, the low-key is also continuously rising. Combined with the rapid rise after this bottoming out, a large number of leverages have been cleared, and no opportunity for retail investors to get on board. It is currently running above EMA20. The trend is relatively strong all day. If there are small positives in the future, the market has a chance to move.

In terms of points, several dips today did not effectively fall below 63,000. This point forms a small level of support. Yesterday, our strategy mentioned 63,500 Buy low near 64000, and make a small profit. Pay attention to the short-term resistance above 65000

In terms of operation, continue to hold the low-buy position. If it breaks through 65000, you can follow the trend and buy more. At present, the overall outlook is a rebound.