A sharp rise in the early trading often indicates potential risks in the market. Bitcoin soared to $63,600 in the morning, but after two days of shock adjustments over the weekend, the market situation has reversed significantly.

From the intraday trend, the short-term momentum has shrunk, while the long-term energy continues to increase, and the dead cross is in an upward state. From the daily chart, the bulls still have room to continue to rise; but from a short-term perspective, the short-term momentum is still insufficient.

Operational advice: Go long in the range of $62,000-62,400 for Bitcoin, with a target price of $64,500. #MiCA #币安合约锦标赛 #Mt.Gox将启动偿还计划