Bitcoin daily level (Mid-term trend: range-bound and bearish; a rebound after decline repair)



• Overall setup: After the drop from the historical high of 126k, the mid-term bearish trend has not reversed. This move is only a technical rebound after the decline—not a reversal into a bull market.

• Indicators: A daily MACD golden cross at low levels, with bearish momentum weakening; price is still under strong pressure from medium- and long-term moving averages (MA50/MA200) above; RSI has not entered overbought territory, so rebound potential is limited.

• Key resistance (from near to far):
① 63500 (short-term multi-pressure level; multiple spikes followed by pullbacks)
② 64000-64800 (4-hour Fibonacci 23.6% resistance)
③ 72600 (mid-term strong resistance; a watershed for the downtrend—only a sustained hold above can turn the bearish structure)

• Key support:
① 62200 (short-term intraday support; breaking below weakens the rebound structure)
② 60800-61000 (psychological level + prior consolidation range; the core defense area)
③ 58000 (the low of this round; an effective breakdown will trigger a new round of deeper pullback) #非农爆冷打压加息预期
BTC0.19%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
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