$BTC Cake is close to the target of 62500. At present, the 26-day moving average has turned downward, and it has not yet formed a dead cross with the 52-day moving average, but the price is running below the moving average. The 4-hour double moving average is arranged like a train track, and the short-term bearish trend remains. From a structural point of view, the 72000 high point is a 4H level consolidation downward, and the 66400 point is the 4H level divergence section 30F below. The 4H level has not yet broken away from the divergence, and there is still a possibility of pulling back above 64000, but the 30F below 66400 has broken away from the divergence, but the 5F level is close to the short-term bottom. After the short-term consolidation, it is expected to get support near 62200. The subsequent rebound is expected to be limited. After all, it is out of the divergence below 30F. It is expected to be consolidated below 63200 in the next one to two days, and then the direction will be selected. The main strategy for the day is shorting on rebound. Don't expect too much for short-term bottom fishing. After two days of consolidation below 63,200, if it chooses to move upward, you can switch to a long position.