In the morning, we suggested shorting near the 62600 area. In the morning, we also came to the 62500 area. Our midday idea is still bearish.
From the technical structure, in the four-hour level, the running channel maintains a narrow downward trend, the price continues to fluctuate and fall, and no strong rebound is formed. The volume is arranged in a weak bullish form, and the moving average is consistent and downward. The small cycle is still a state of short-dominated.
In the daily level, the running channel continues to continue downward, and the price remains weak. In the middle and upper track area, there is no effective rebound after the dive. The short volume continues to shrink, and the moving average has not received a large joint rise. This week, I am still optimistic about the idea of shorting first. Whether the market can rebound and recover in the future needs to be followed up after the support.
Bitcoin personal operation suggestion: short near 63000, target 62500-62000. Breakthrough continues to look down!
