#BTC☀️ Today's view:
The price of Bitcoin fell to 62610 at 8 o'clock in the morning, just stepping on the 4-hour rising trend line.
62610 can be used as an important position for long defense. As long as it is not broken, there is no need to worry about long positions.
Let's look at the liquidation chart. Yesterday's decline basically caused a lot of long liquidity below. The decline of 64000-62600.1400 US dollars cleared more than 2 billion orders.
At present, the market is over, and the probability of a direct decline is not high. It is not like the previous sharp rise and fall. At present, the most likely way is that the market will fluctuate between 62500-65000 in a sideways way.
