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🚨 Will the bulls and bears battle it out at 64,000 this weekend? ❓
$BTC Reclaimed 64,466, reaching a high of 64,745. Looks pretty strong, right? But take a closer look—
1-minute AR, BOLL, EMA are all fighting; RSI6 is only 47-52; MACD is still negative. What does this indicate? The surge is real, but not many are chasing high. Currently, it looks more like a “rebound triggered by short covering,” not a fierce rally in real gold and silver.
$ETH Also oscillating around 1,682, the 1-hour RSI dropped from 62 to 52, MACD shifted from positive to negative. At the 1,680 level, Bollinger upper and lower bands only have a $4 space—signs of a potential trend reversal ❗
External news is even more critical:
· Iran denies the explosion in the Strait of Hormuz, calling it “warning shots”
· Crude oil drops to the lowest since Middle East conflicts began (WTI down 3.22%)
· Trump says an agreement will be signed on June 14, but traders only assign a 39% probability
Geopolitical cooling is good for risk assets. But as long as the agreement isn’t truly implemented, the market will fluctuate repeatedly.
So, can BTC hold steady at 64,000?
It can, but it requires supportive news. From a technical perspective, 64,300 is short-term support, above 64,700 is resistance. ETH is watching 1,680—hold that, and there’s still hope.
Do you think it can stay above 64,000 this weekend? 👇
Share your opinion in the comments, follow me for daily unique on-chain insights.
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