Bitcoin retracing and brewing for a second upward move



Bitcoin is currently consolidating around 65,400, with the overall rebound structure intact. There are no new macro negative signals, ETF funds have not shown significant outflows, and market sentiment remains stable.

The short-term hourly chart shows signs of bearish divergence, so it’s not advisable to chase the high. Waiting for a pullback to the 64,500-65,000 range for a more secure low-risk entry is recommended. This zone is a dense area of chips and the 0.382 retracement level, providing relatively strong support.

Trading suggestions:

Entry: 64,800-65,200

Stop: Below 64,500

Target: 65,800 / 66,000-66,500#油价暴跌 $BTC
BTC2.40%
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