After the rebound touched 69,000, it was clearly pressured and pulled back. The resistance zone above at 64,000-64,600 has repeatedly surged but failed to break through effectively. The K-line frequently closes with long upper wicks, and sell pressure remains concentrated overhead; there is insufficient follow-through from buyers. On the 4-hour timeframe, the stepwise downtrend structure is evident. The rebound lacks strength, and there is room for further downside adjustment in the short term. For subsequent operations, after the rebound is in place, it is still a high-short opportunity. #Gate储备金率117%持续领先 $BTC ‌$ETH ‌

The early-morning price action matches expectations: after BTC surged to 64,050 and then pulled back, it dropped to around 63,296 in the morning and rebounded; meanwhile ETH also tested the 1,875 area and faced pressure, then retraced to the 1,847 support and stabilized again. Overall, it remains within a choppy range characterized by a surge-then-pullback and a bottoming-and-rebound pattern. On the four-hour timeframe, price is moving between the upper-middle and the upper band of the Bollinger Bands. Upward momentum has slowed slightly, but the trend remains unchanged, and the bullish structure is intact. The MACD golden cross is continuing, the Bollinger Bands’ opening is expanding, the upper band keeps rising, and the middle band follows suit; upside room is gradually opening up. The current pullback strength is limited—so long as the lower key support zone is not effectively broken, short-term trading should mainly focus on going long on pullbacks. $BTC $ETH #Gate资产规模位列全球Top6 #Telegram从苹果AppStore下架

Jiaqi Tuesday morning recap: Last night $BTC pushed up to 64,000 and then got pushed back again. The chart was actually quite clear: The bulls want to break 64,000 but don’t have enough strength; the bears want to sell down the market but also don’t have the volume—right now it’s a situation where neither side is strong. Last night, the entire network saw $256 million liquidated; the long and short sides were roughly 50-50, and this also shows the market is just ranging and washing positions. BTC failed to break through 64,000 again in a row, which indicates heavy pressure here. The key is that even positive news—like U.S. stock tech shares rising and earnings beating expectations—still can’t move BTC. In terms of funding: BTC ETF ended three consecutive weeks of net inflows and turned to net outflows; also tonight AMD earnings is an important variable. If the AI sector continues to strengthen, it could pull the market back to warmth; if it misses expectations, a tech pullback could also affect BTC. So I think the 63,000-64,000 range is just going to hold—if there’s no clear direction, don’t act. Wait for 64,000 to stabilize, or for a breakdown below 63,000 before making a move. ‍#Gate资产规模位列全球Top6