BTC fell back to around 62750 in the early morning, then rebounded to 63500, and quickly closed the door. The whole market is still relatively weak. With the support of the independent market of Ethereum, Bitcoin has not ushered in a wave of strength. The highest intraday linkage rebound was around 64370. It is currently continuing to decline. The high point has fallen back to 1000 points. It is currently running around 63400. The overall trend is still relatively poor, and the operating space is limited. There was no outflow from ETFs over the weekend. In addition, the US stock market closed up sharply last Friday. Under normal circumstances, the mood over the weekend will not be too bad, but Bitcoin has always been weak. It fell sharply yesterday morning. Even if Ethereum leads the rise today, Bitcoin is still very weak. From the data, after the ETF was passed, the supply from Grayscale has never stopped, resulting in a negative decline in Bitcoin once demand weakens. On the other hand, Ethereum has always been in a state of inflow recently, because there is no large profit plate of Grayscale above. If you want to reverse the trend, you still need to make fundamental efforts and wait for the speculation of the Fed's interest rate cut expectations.

From the graph, the entire high point is constantly decreasing. Excluding the vacuum zone of 60000-62000, we can see it as a descending triangle. The current key horizontal line below is 62000. If it effectively falls below this point, 60000 is likely to be unsustainable. The market will further weaken downward. The upper edge of the upper triangle is near 65000. If the market wants to continue, it must reflect demand and break through with large volume. The current overall idea is still to buy low and sell high around key points.

Point-wise, the short-term support below is 62000 60000

The short-term resistance above is 65000 67000

In terms of operation, pay attention to the low-buy opportunity of 62400-63000 below. If it effectively falls below 62000, the short-term will no longer be long. The idea of ​​stabilization mainly focuses on whether 63000 can stabilize and whether it can form 4 above Hourly level fluctuations, you can follow the trend to buy more, it is expected to test the previous high around 65000$BTC #新币挖矿 #比特币减半 #大盘走势