Morning Analysis


Bitcoin's price slightly retreated to around 63,600 last midnight, and after the dip, the downward momentum was hard to sustain, the market then rebounded, breaking through the resistance level of 65,000
Currently, the weekly K-line shows two consecutive bullish days, with the price consolidating around 65,400; on the hourly chart, a five consecutive bullish pattern has formed, with MACD and KDJ indicators simultaneously showing bullish expansion, indicating strong short-term bullish momentum. The bullish signals across large and small cycles are resonating,
Today's trading should focus on buying on dips,
Bitcoin can be positioned for long orders between 64,500 and 65,000, targeting 66,500-67,000, be sure to control position sizes and set stop-losses $BTC $ETH #我的Gate交易时刻
BTC-1.43%
ETH-1.95%
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