Currently, looking at the 1-hour chart, BTC has pulled back slightly after reaching a bottom, but the overall channel is still trending downward. The resistance zone above is around 63,000, while the support level below is at 61,500.



Bearish momentum has weakened somewhat, and there may be a minor short-term rebound, but do not chase the rally.

If it rebounds to the resistance zone near 63,000, you can attempt a light short position.

If it retests the 61,500 support level without breaking down, take a small position to catch a rebound. In the short term, do not expect a significant upward move. #BTC
BTC1.52%
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GotLiquidatedAgainLastNight.
· 23h ago
63000 pressure-tested three times and still didn’t break through. This time also feels uncertain—let’s wait for a pullback to 61500 before looking again. Chasing longs is likely to get trapped.
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