Trump was sued over paid data streams related to TruthSocial. The buzz is almost as big as BTC’s fluctuations, but we’ll just look at the data. BTC is currently trading at 63,091.6. It’s up 0.2% over the past 24 hours, and the funding rate of 0.0062% indicates leverage isn’t overheating. The 1-hour trend is downward but already near the lows; the 4-hour trend is upward. The order book shows buy orders at 727 versus sell orders at 453, with buyers clearly in control—so there is rebound momentum in the short term, and the outlook is bullish in the medium term.
Key levels are clear: support at 62,580 below, the first resistance at 64,100 above; if it breaks through, then look at 65,200. For trading: aggressive traders can place a long order near 62,580, set a stop-loss at 62,100, and a target at 64,100. If there is a breakout of 64,100 with increased volume first, you can follow long with a small position, stop-loss at 63,600, and target at 65,200. Don’t chase; wait for a pullback or a confirmed breakout.
Risk points: News about Trump may trigger fluctuations in market sentiment; the downward trend over the past hour has not been fully reversed. If it breaks below 62580, the bullish logic will be temporarily on hold—consider exiting and staying on the sidelines to observe.
——This is for personal opinion only and does not constitute investment advice. Wishing you successful trading.——