2.28 BTC Evening Market Analysis

A few days ago, I mentioned that the support at 62,900 would lead to a rebound, and after reaching 69,700, it pulled back. Currently, it has returned to around 62,900. We can see that the current market is still quite weak. Coupled with macroeconomic news and global turbulence, there is a lot of uncertainty in the financial markets. The 62,900 level is the key support for this phase of the market. If this level is broken, then the 60,000 level may not hold, and the price could drop toward 55,000. Therefore, the recent market has mainly been consolidating, and with many news events expected next week, short-term patience and waiting for opportunities will continue to be the main strategy, with the market remaining in consolidation.

Support: 62,900-60,000
Resistance: 65,100-66,300
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