Yesterday during the daytime, BTC gradually rose, and in the evening, aided by positive news, it continued to climb, reaching a high of around 69,470 before encountering resistance and slightly pulling back.
The article written early this morning already mentioned that around 69,400 is a resistance level on the 4-hour chart, so a cautious approach was to place a short order at 69,500. Lack of news and active trading volume over the weekend suggests caution against potential pullback risks.
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2.14 Afternoon Bitcoin Brief Analysis:
Yesterday during the daytime, BTC gradually rose, and in the evening, aided by positive news, it continued to climb, reaching a high of around 69,470 before encountering resistance and slightly pulling back.
The article written early this morning already mentioned that around 69,400 is a resistance level on the 4-hour chart, so a cautious approach was to place a short order at 69,500.
Lack of news and active trading volume over the weekend suggests caution against potential pullback risks.