Thursday’s BTC market analysis and strategic suggestions:
📈 Daily chart overview: BTC has recently shown a wide consolidation trend in the range of 62300-64800, with significant resistance at the 65000 mark. The market is in the overbought area, indicating that the upward momentum has been exhausted, and a double top pattern is looming, suggesting that a short-term correction trend is brewing. . Today’s focus🔥: Whether 64000 can become the touchstone for a new round of breakthroughs.
🕒 4-hour chart analysis: Short-term pressure is concentrated on the 64,000 line, and a breakthrough is expected to challenge the 65,000-65,500 high; however, the slight dip in the early morning hours revealed signs of weakening short-term momentum. Today's market is expected to be biased downward⬇️, with the key support area below locked at 62500-61500.
Operation strategy suggestions:
$BTC : It is recommended to place short orders in the range of 64000-63600📉, with a target of 62500-61500, to seize the opportunity for callbacks.
$ETH : In the same way, you can go short in the range of 2630-2610📉, with the target pointing to 2520-2500, to keep up with the market rhythm.
(Strategy sharing from time to time every day, looking forward to your attention, likes and comments)
