I subjectively believe that the big cake $BTC will go through a wave retracement, and put two Fibonacci in two trend markets, representing one hour and four hours respectively

The first retracement target of the one-hour cycle is 64650, and there was a needle in front that almost hit it, so I am not sure whether this position is still valid. If you still need to do a retracement in the hour, you have to go to a smaller cycle such as 5 minutes or 15 minutes to see if there is a relatively high resistance opportunity

The first target of the four-hour cycle is 62500, and this logical supplement does not need to be extended