Crypto Expert: 2.25 Bitcoin (BTC)) Market Analysis

Looking at the Bitcoin intraday low near the 62510 level, on the hourly chart, the price is operating within the lower band of the Bollinger Bands. Although there has been a rebound, the resistance above has not been broken through, indicating a relatively weak trend. Additionally, the Bollinger Bands are opening downward, and as time progresses, the resistance levels above are moving lower. If the price cannot break above 66000 in the short term, there is a possibility of a pullback support.
On the 4-hour chart, a long upper shadow was formed, touching 66283.1, indicating that short-term selling pressure above 66000 remains strong.
On the daily chart, after three consecutive days of decline, a volume-supported rebound has occurred, forming a doji pattern; meanwhile, on the 1-hour chart, a double bottom pattern is forming around 63500.
From a technical indicator perspective, the 4-hour MACD has just formed a golden cross, but the daily MACD remains below the zero line.
In terms of moving averages, the current price has stabilized above the 7-day moving average (64667.8), but the 30-day (65813.5) and 120-day (69528.2) moving averages still show a weak trend.
Operationally, it is recommended to short on rebounds, with resistance levels at 66300-67000. If broken downward, watch around 63500.
Short-term reference for 2.25 Bitcoin:
Short at 66300-67300, with a stop loss at 70500, 500 points risk, targeting below 65500.
Long at 63500-62500, with a target above 64500, and a 500-point stop loss.