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7.17 BTC around 64,200, green candle vibes; target 62,800/62,000. For the brothers who missed the top near 65,000 yesterday, wait for a small pullback.
If you want to do a dip-buy, you can buy around 62,500, stop at 62,000, target 63,500/64,000.
BTC: after yesterday’s push to a high of 65,589, it kept falling and is now around 63,500.
On the 1H timeframe, after range movement at high levels, the price broke below the short moving average; short term is entering a correction phase.
This rally started around 61,800, with the highest reaching the 65,500 area. Bulls released a strong rebound.
But there’s clear resistance above 65,500—continued attempts to push higher couldn’t break through, which indicates short-term profit-taking is being realized.
Right now, the key support to watch is the 63,500–63,000 zone. If it holds, it’s a normal repair after the upward move.
Going forward, there’s still a chance to challenge 64,500–65,500 again;
if it breaks below 63,000, then watch for bids around 62,000 to take over.
On the news front, the market continues to game over Fed rate-cut expectations, the dollar’s trend, and shifts in risk sentiment.
Price volatility is明显加快; don’t chase or cut losses impulsively in the short term.
In 9 years of trading, I’ve been through countless bull and bear cycles. The market will never lack opportunities—what’s missing is the patience to wait for them to appear.
Understanding the trend is only the first step. Stick to discipline, and you can capture the profits that belong to you. bitcoin:native #BTC