Brothers, pay attention to both the market chart and news sentiment this afternoon. Israel has stated they will not withdraw troops, and the risk of Middle East conflict has risen again, causing a slight increase in market risk aversion.


Regarding Bitcoin, it has risen from 63,650 all the way to 65,996, now oscillating around 65,739, in a stage of pulling back from high levels. The middle band of the Bollinger Bands at 65,748 is the current key level, and the KDJ indicator is approaching the oversold zone but has not stabilized yet.

Next, focus on two points: whether it can hold the 65,748 middle band, and if it can bounce back without breaking below 65,560-65,600. If it stabilizes, there’s still a chance to push toward the previous high. If it breaks below the middle band and drops further below 65,560, it will continue to test lower support levels, with the next support at 65,300-65,200.

Currently, both news and market sentiment are cautious. Don’t operate recklessly; just follow the rhythm.
BTC0.56%
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