On a short-term view, the big-btc 4h double bottom has held up. It seems the brothers who were waiting to buy below 622 are going to miss out. The market signals are very clear: in the near term, around the 645 area, there will be a big directional move. Because 645 is the top of the trendline, we need to see whether it will consolidate and break through or whether it will keep moving with the trend and continue shorting. It’s hard to say for now.
I think the pullback—around 632 to 635—should be about it. Maybe this is the best spot for current long-position buyers to re-enter from the bottom!
$BTC #加密初创上半年融资112亿美元