Currently, Bitcoin is showing strong recovery momentum with almost no signs of stagnation. The resistance area of ​​63,000 to 64,000 mentioned earlier has been successfully broken.

Considering the market atmosphere after the rate cut, the bulls are expected to continue to strengthen, and it is only a matter of time before the impact of 65,000.

Therefore, any pullback in the short term should be regarded as an opportunity to buy on dips.

Short-term operation strategy recommendations:

When the pullback reaches the 63,000 to 63,500 range, you can consider placing long orders with a stop loss below 600 points, and the target is the 64,000 to 65,000 range.

If the price rebounds to around 65,000 (the first touch), you can consider placing short orders, also setting a stop loss below 600 points, and the target is a pullback to the 64,000 to 63,000 range.

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