Bitcoin (BTC) experienced a decline on the 21st, breaking the important support level of 64,500 and hitting a low of 63,379, but then rebounded. Despite this, Bitcoin's recent trend is relatively weak, while the Nasdaq index, which is highly correlated with its trend, continues to hit new highs, which may confuse some investors.

Judging from the current trend of the market, Bitcoin is still in a normal adjustment range. The short-term pressure level above is 64,700, while the support level is 63,200. If Bitcoin can stabilize in this range, there will be no big problem. There is no big market on the weekend, so those who are short will continue to wait and see. The operation idea remains unchanged. Short at high positions. Keep a stable mentality and wait.