Currently, the Bitcoin chart has been rising from the intraday low of 63,650, now reaching a new high of 66,570, with significant capital inflows and large buy orders supporting it, indicating very strong bullish momentum.


The Bollinger Bands are opening upward throughout, but short-term indicators have already reached overbought territory, suggesting a short-term pullback is needed.
Next, focus on the 65,938 midpoint support; as long as the pullback does not break below it, there is still momentum to continue pushing higher. If it effectively falls below, the market will enter a consolidation phase.
Currently, high levels are not suitable for entering positions; be patient and wait for a pullback opportunity.
BTC0.56%
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