BTC one-hour cycle market interpretation and trading strategy

In today's BTC one-hour cycle market analysis, we noticed that the key support level has been broken, which means that the original support area below has now turned into a potential downside target point (TP). In the face of this market change, we can focus on a potential trading opportunity in the short term - rebound short strategy.

Specifically, when the price rebounds in the future and tries to retest the 59700 area, if it encounters resistance and turns to decline, it will be a good time to short with the trend. In order to control the risk, it is recommended to set the stop loss above the resistance area to ensure that the stop loss can be stopped in time when the price does not reverse as expected. $BTC $ETH $BNB #Ronin跨链桥安全漏洞 #PlusToken相关钱包转移ETH #TON #BTC走势分析