BTC

The price of Bitcoin closed above the $62,400 area. In the short term, it can be considered that the price has broken through the box oscillation and is showing an upward trend.

From a macro-cycle perspective, the current situation can be regarded as a rebound from the lower boundary of the box within the macro cycle. The short-term rebound target first looks at the $64,600 and $66,250 areas, which are expected to continue to fall. Among them, the $66,250 area is still the middle track of the entire macro box.