The rebound strength of Bitcoin this round is quite good, and it has stabilized above the 63,500 resistance level, initiating a four-hour level rebound.
Aggressive traders can try small long positions near the current 63,500, with strict stop-loss set at 62,500. The first resistance on the rebound is 64,500; after breaking through, the target is around 66,500. If the 62,500 stop-loss is hit, it indicates insufficient rebound strength, and a pullback can be waited out at the 60,500–60,000 range for additional longs, with an extreme support at 59,000. $BTC
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The rebound strength of Bitcoin this round is quite good, and it has stabilized above the 63,500 resistance level, initiating a four-hour level rebound.
Aggressive traders can try small long positions near the current 63,500, with strict stop-loss set at 62,500.
The first resistance on the rebound is 64,500; after breaking through, the target is around 66,500.
If the 62,500 stop-loss is hit, it indicates insufficient rebound strength, and a pullback can be waited out at the 60,500–60,000 range for additional longs, with an extreme support at 59,000. $BTC