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Holding steady at 64K is the bulls’ stage; if you can’t hold, it becomes a trap luring the bulls in—the truth is revealed in the London and New York trading sessions.
Bulls need to hold 64K. If we hold 64K then we can easily test 67K & squeeze some more shorts.
On the other hand, unable to hold 64K an we go right back below 60K & this pump was just a scam wick to bait longs.
Observing London/NY today will be key in determining whether Monday marks a pivot high before downside, or if we see continuation for further upside.