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20240625/Daily Market Interpretation - BTC looks promising in the long run, with a chance to rise to 75000 again. After entering the support range of 60444~59410 mentioned in yesterday's video analysis, the price of BTC rebounded sharply from oversold levels, showing short-term momentum to pull back to the market maker control zone of 61510~62241!
After the oversold rebound, the potential for further rise is limited before breaking through the resistance level. It is advisable to take profits on short-term spot positions and be cautious about participating in short orders in contracts, as the limited decline after consecutive falls! Just focus on understanding the market trends you are capable of!