The daily line has a long upper shadow cross star, and the trading volume has increased but the price has not followed. This is favorable for the bulls in the past few days. These days are also the first time that a large positive line has appeared since mid-June. The 10-day moving average and the 5-day moving average have turned upward, which is more favorable for the bulls.

The on-chain data also shows that in the range of 61000-62600, there are 237,000 addresses buying, and the ETF has also been in a net inflow state since the 25th. If you observe carefully, you will find that Bitcoin is now equivalent to a branch of the US stock market. The net outflow of the ETF means a fall, and the inflow means an increase.

For intraday operations, you can refer to the short-term support of 61800-62200. The support at 62500 has completed the support-resistance conversion. The resistance level still refers to the range of 64000-65000. The overall market still maintains a rebound. Don't be overly bullish. Treat it with a shock rebound idea in the short term.

#BTC