After two days of consolidation, BTC has risen in volume at the four-hour level, and has walked out of a golden pit trend. The previous low position is 60200. On the one hand, it is the low of the high box, and on the other hand, it is also the position of Fibonacci 0.618. It is possible to form a bottom. After breaking away from the bottom, it has come above 62500. The main focus in the future is whether it can break through 63600 in volume.

Today's macro market also opened. The US dollar trend is still very weak, hovering around 105. Under the weak US dollar, it is difficult for risk assets to have a big drop. So we can see that US stock futures have risen. The narrative of the US dollar game is only interest rate hikes and interest rate cuts. Subsequent interest rate hikes are basically impossible. The banks of the United States can't bear it. The subsequent speculation of interest rate cuts is the moment when the US dollar continues to fall. Risk assets will definitely usher in the best opportunity.

In terms of trend, it is currently standing above the downward trend line again. The 4-hour SAR has issued a reversal signal. The current position may have a strong rebound. As long as it fails to effectively fall below 6w, the opportunity for bulls is still very large. Don't look at it if it falls. 56000, if the dog dealer continues to push the market down, it will also be a loss. If there is demand below, the chips will be given to others.

Short-term support below 60200 58000

Short-term resistance above 63600 67000

In terms of operation, long orders can be reduced and continued to hold. If the volume breaks through 63600, you can follow the trend and buy more. You have held on to the decline, and you must hold on to the rise even more.