The price is currently in a resistance area, which can be regarded as a signal of reducing long positions. It is not suitable to enter the market to do more at present.

The pressure level near 62500 is still relatively strong. After being hit back, it also began to decline from the hourly line. The trend of the hourly line also turned downward. The current support level is around 60800.

After consolidating at a high level, it is currently in a correction stage. In the afternoon, we adjusted our thinking to focus on going long on the pullback.

Long around 61400-60800, defend 600 points, and target around 62500-63000.

Short position focus: short around 63000, defend 600 points, and target around 62000-61000. #BTC☀ #ETH🔥🔥🔥🔥 #美联储降息周期