Waves in the Cryptocurrency Sea: 7.9 Bitcoin (BTC) Market Analysis Reference:

Bitcoin has rebounded and corrected during the day, currently priced at 62600. The price remains above the middle track of the Bollinger Bands on the daily chart, and the medium-term upward trend remains unchanged. Although the MACD volume bar has shrunk, the bullish momentum remains sufficient; KDJ and RSI are in the high-level area, and the pace of the rise has slowed down, entering a short-term high-level consolidation. As long as the middle track support is maintained, there will still be opportunities to test the previous highs after the consolidation is over.

The short-term 4-hour market encountered resistance and turned from strong to weak; however, the DIF in the MACD indicator has turned upwards, and the bears are gradually reducing their volume, while the downward momentum continues to weaken. The KDJ has stabilized at a low level and formed a golden cross pointing upwards, and RSI is in a neutral to strong area, with sufficient strength in the support below, indicating that the space for corrections is limited. Overall, we expect a rebound after the consolidation when the market resumes. It is recommended to enter long positions on the pullback to support.

Waves in the Cryptocurrency Sea: 7.9 Bitcoin Short-term Reference:

Long positions: Long in the range of 61200-61900, stop loss below 60600, target looking at 62500-63500,

Short positions: Short in the range of 64200-63500, defensive above 65200, target looking at 63000-61800,

Daily updates on real-time trading strategies, providing free position-clearing analysis and practical market knowledge. Scan the QR code to follow the public account and get the connection and adding method with one click!

The above analysis and strategies are for reference only; please bear the risks yourself. The article's review and release may have delays, and strategies may lack timeliness. Do not operate blindly.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。