Monday afternoon Bitcoin insights:

Bitcoin's intraday market has risen slightly again, and the market has fallen back under pressure near 64400. At the daily level, the Bollinger Bands continue to close. The market has failed to break through the resistance near the middle track!

The current market is blocked by the pressure near the middle track and rebounded slightly, but the rebound strength is not strong. There will be a certain decline after each surge. During the day, we need to pay attention to whether the resistance near the middle track can be effectively broken through. Before there is a breakthrough, it is not advisable to enter the market first!

Let's look at the 4-hour chart again. The Bollinger Bands are closed, and the market maintains a volatile upward trend, but the strength has decreased, and the bulls are gradually exhausted. Overall, although the currency price has rebounded, the overall trend has not been reversed, so I still look forward to a decline. Pay attention to the resistance above 65000 during the day, and look short in the short term!

In terms of Bitcoin afternoon operations, Lin Kun personally recommends that the currency price rebounds to 64300-64750, and the target can be around 62500-62000! #AI板块强势进击 #美联储何时降息？ #美国4月非农就业人口增加不及预期 #灰度GBTC资金流出趋势结束了吗？ #5月市场关键事件 $BTC $ETH $BNB