The current Bitcoin has attempted three times to surge and test the strong resistance at 64,300, but all attempts have failed. The bulls have not added enough funds to break through the upper boundary of the range. After the surge, the momentum has continued to weaken and pull back. Without positive news to drive it, Bitcoin itself finds it difficult to open up upward space. Meanwhile, the key support at 62,300 below has been tested multiple times, and its support strength has weakened. If it effectively breaks below, it will test the 61,300 area and even the 59,800-59,000 zone. To the upside, a break above 63,800 is needed to stop the decline and initiate a rebound. Ethereum is similarly constrained at 1,680; if it cannot stabilize, it will continue to weaken, with a break below 1,640 targeting 1,602-1,536. The operation remains mainly sideways with a bias toward bearishness.



Bitcoin: Short at 63,500-64,000 range, target near 61,000
Ethereum: Short at 1,680-1,745 range, target near 1,600
#Gate直通IPO认购SpaceX $BTC $ETH
BTC-1.8%
ETH-1.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned