BTC surged to around 60600 in the early hours, hit resistance and pulled back, with weak intraday consolidation and cautious market sentiment.



On the 15-minute chart, price is under pressure at the lower Bollinger Band, with MACD showing a bullish divergence at low levels indicating repair demand; on the 4-hour chart, the Bollinger Bands are expanding again, a turning point is near, but bullish momentum continues to weaken, lacking upward power.
Short-term long-short divergence intensifies, with repeated turnovers in key ranges; support and resistance are tested in both directions, with no clear direction. In the afternoon, first look at the rebound resistance range before placing short positions.

BTC: short near 60200-60800 on a rebound, targets 59000-58000

ETH: short near 1610-1640 on a rebound, targets 1560-1510
$BTC $ETH
BTC-0.96%
ETH0.55%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned