In the past 24 hours, the BTC price has experienced significant fluctuations, oscillating between 4605 and 4770. Currently, the BTC price hovers around 4663, with a certain support forming around 4680 in the short term. However, multiple attempts to break through the 4750 to 4770 range have failed, resulting in a downward price trend.

From a technical perspective, the 10-day and 20-day moving averages form a support band in the range of 4650 to 4700, and the current price is still slightly above the average line level. If the price effectively breaks below 4660, it may further test the vicinity of 4550. Conversely, if it successfully breaks through the resistance level of 4770, it is expected to challenge 4850 or even higher levels.

For investors, it is advisable to consider a trend-following trading strategy. It is recommended to enter with a small position and set the stop-loss below 4620. The initial target price range is 4750 to 4770; if there is a volume breakout, further attention can be given to the 4850 level.

It is important to note that, given the current market Fluctuation, investors should maintain a cautious attitude, strictly implement stop-loss strategies, and control risks. At the same time, closely monitor market changes and timely adjust trading strategies.