Currently it is still in a downward channel. In the morning it came back to the upper boundary of the channel around 642, where you may try initiating a short position.
If there is a breakout with increased volume and it holds above 654, which is the previous high, then you need to consider a stop loss. If you short again, you should consider around 672.
Below, support on a smaller timeframe is around 622, but if it falls again, 622 may not be able to hold. For a long position below, pay attention to around 605.
$BTC
If there is a breakout with increased volume and it holds above 654, which is the previous high, then you need to consider a stop loss. If you short again, you should consider around 672.
Below, support on a smaller timeframe is around 622, but if it falls again, 622 may not be able to hold. For a long position below, pay attention to around 605.
$BTC
