7.10 BTC currently short at 63900, target 63000/62000

If you want to go long, you can long near BTC 62500, stop loss 62000, target 63000/64000
BTC just had a volume candlestick directly surged to around 63900, current price 63864.
From the 1H chart, the price has reclaimed the MA60 line, short-term moving averages have turned up again, market sentiment has noticeably warmed.
On the news front, the recent market still revolves around expectations of Fed rate cuts and continued institutional inflows, with overall macro sentiment leaning positive.
No new bearish disturbances. Risk assets have shown some recovery, providing support for BTC as well.
But the closer to the previous high area, the more obvious the divergence between longs and shorts.
My view remains the same:
Do not chase above 63900, prioritize shorting on rebounds.
If it pulls back and stabilizes around 63200, then consider going long with the trend, aiming for a second attempt at 64500;
If 64500 is effectively broken, the upside room in this round could further expand.
When the market rises, it's easiest to get impulsive;
Those who truly profit often stay calm when others act impulsively.
Trading is not about courage, but patience and execution. $BTC #BTC