Analyst: BTC probability of falling below 64800 support level in the short term is not high

Bitget news, KOL crypto big hunter released a further analysis on the BTC trend, early this morning BTC The lowest dip to 65200, did not fall below the support level of 64800, and the volume of the early morning dip is not large compared with the previous rise in volume, indicating that the current selling plate is not large, so the probability of the short-term fall below the 64800 support level is not large. However, the subsequent rapid rebound to the blocking area after the volume performance, which indicates that the current buyers are not strong, the probability of continuing to rise in the short term is also not large. In addition to the retracement process of position decline is not large, the current market leverage is still at a high level, there is a need to reduce leverage. So according to the latest changes in the market, the probability of scenario one occurring has become smaller, while the probability of scenario two occurring has become significantly higher. Of course, if bitcoin breaks out of the blocking area on volume next, then the probability of scenario three will also become higher.