BTC has small intraday fluctuations, rebounding to around 64,400 at the highest and dropping to 62,800 at the lowest. It is currently running around 63,500. The overall sentiment is not high. When the external situation is relatively positive, it is difficult for the main force to continue to kill. There is no need to panic too much.

At present, the US dollar has entered a downward cycle. It can be clearly seen from C2C ​​that the U price has fallen by more than 3% from the high. Now the medium-term expectation is still to cut interest rates. As long as the interest rate cut begins, no matter which way it goes, it will be upward. At present, as long as there is a big drop, it is an opportunity for us to continue to deploy spot. In addition, the effect of the halving of the big cake also needs time to amplify. The selling pressure of 400 big cakes is reduced every day, and a large amount of supply is reduced in the medium and long term. The outflow of Grayscale has gradually stopped. What is left should be relatively firm chips. Keep confidence.

From the graph, we redraw the downward trend line at the 4-hour level. The key position above is 64,000. If we can't stand at 64,000, it will be difficult to continue to move upward. 63,600 Nearby is the current chip center, which means that the overall operation is in the resistance range. If bulls want to make a market, they must increase the volume and eat up the selling pressure in this range. At present, there are fewer chips below 62000, and the main bulls will not easily give up this level

Short-term support below 62500 58000

Short-term resistance above 64000 67000

In terms of operation, pay attention to whether 64000 can stabilize above. If the US market can increase the volume and stabilize at 64000, you can enter the market. Pay attention to 62500-63000 for low-absorption below, which is also a position worth trying