Bitcoin: Yesterday, a small negative line was closed, consolidating at a high level, indicating that the bullish momentum has weakened in the short term. From the daily level, the moving average system shows a bullish arrangement, indicating that the medium-term market is still in an upward trend. However, it is worth noting that the volume in recent days has shrunk to a certain extent, indicating that the upward momentum may have weakened, and there may be a need for a correction in the short term.
From the technical indicators, the MACD indicator has shown a weakening signal, indicating that the market may face a correction pressure in the short term. The RSI indicator is at 55.64, which is still at a healthy level, but it has not entered the overbought range, indicating that the market has no signs of over-inflation for the time being.
In summary, the market is currently facing short-term pressure. It is expected that after the price is consolidated above the 62,000 support level, it may wait for a new round of bullish power to appear and challenge 65,000 again. Pressure reference: around 64,800; around 67,900; $BTC