Speculative capital flows increase the trend of Bitcoin prices, but when the rising interest cannot be compensated, the trend may reverse.
Bitcoin prices began to fluctuate upward near 61,300, and a sharp rebound occurred under the influence of ETH spot ETF, and the bulls are far from over.
In the 4-hour chart and 1-hour chart, 61,300 has become a short-term support level. If it stands firm at 61,300, it is expected to see a rebound or continue to rise.
It is recommended to go long in batches at 61,600~61,300, stop loss at 60,800, and target 63,500~64,000.