What is BTC at 62500? Shangying Line knocked on the door three times, but it didn't open Brothers and sisters, BTC was hammered all the way from 65600 to 62500, and more than 130000 people broke positions, with more than 600 million being cleared. The market has only one word: miserable. But it's over, it's worn out for another day at 62500, neither up nor down. Don't worry, let's first see what the current market is doing. 1. Disk status: The door of 62800 has been knocked three times but has not opened. Yesterday, the price surged to 62830, with two consecutive overhead lines in the one hour range. What does it mean? The bulls rushed up twice and were both pressed back. Today's rebound still hasn't overcome this hurdle. This is called resistance confirmation. If you knock on the same door three times but it doesn't open, it's not a matter of luck, it's just a wall behind the door. The price bounced back to around 63000, but the quantity was still shrinking. This rebound is due to bears resting, not bulls attacking. 2. Quantitative verification: shrinking and rebounding, virtual. The rebound from 62200 to 62800 showed a significant decrease in trading volume compared to the previous decline. The price has skyrocketed, but no one has followed - indicating a weak willingness to chase after more. Short positions are transitioning from "absolute strength" to "depletion", but long positions have not yet stepped forward to take over. The current situation is: bears do not want to smash temporarily, while bulls want to bounce but cannot bounce. The result is grinding at 62500. This is exactly the situation I mentioned last week: floating foam is exiting, structural buying is absorbing, but the 62500-60000 range needs to be truly tested to confirm the bottom. 3. Wednesday option delivery is the real test room. On June 26th, approximately $13 billion worth of options will expire. 60000 is the key threshold, once it falls below, market makers' hedging will shift from bottoming out to hitting the market. 62500 is at the entrance of the examination room, not inside the examination room. The real direction will be announced on Wednesday. 4. The strategy is simple: hold 63000 empty orders, do not add positions, do not chase short positions. Conditions for adding positions: When the price rebounds to 62800-63000, a third upper shadow or solid bearish candlestick appears → add 5-8%, stop loss 63500, target 61800-62000; Short chasing conditions: Increase volume below 61800 (200 week moving average) → Short chasing, target 60000-61000; Things not to do: Currently, 62500 does not chase short, buy bottom, or increase positions. Finally, a warm reminder: The door 63000 has been knocked three times by multiple people but still hasn't opened. If it still shows up on the third screen, don't expect it to pass. After a sharp drop in volume, the rebound should return to the right track. 63000 is not a terminal station, it is just a signpost - pointing in the direction of 60000, not 65000. Wait for Wednesday's exam room to open and see which direction to take. However, I predict in advance that Bitcoin is likely to go down in the future. The third test of the "iron" bottom at 60000 is likely to fall below it and head towards around 55000, after all, it is not a bad thing. Bitcoin BTC 3D Integrated Trading Analysis