At the moment, the short-term upward momentum for Bitcoin longs is gradually weakening. On the hourly timeframe, a clear head-and-shoulders top formation has begun to form, with signs of bearish divergence.



The short-term Bollinger Bands are slightly opening; price is riding close to the upper band. There is strong suppression around 63500, and a pullback may happen at any time. A high-level turn is expected, with an expectation to “step in” near the turning point. A turning-point signal may appear in the short term!

Currently, price is consolidating and undergoing a retracement in the short-term high zone. It’s not recommended to chase. Instead, consider a pullback from a high level!

Method: Short around 63500, add at 64000. If it breaks and holds, set a stop loss at 64300. Then look for downside toward 62000. If it breaks, look at 61000–60200#比特币
BTC1.02%
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AirdropDreamsInAGlassBottle
· 3h ago
Adding to your position at 64,000 is a bit too aggressive—what if you get swept by a quick spike, and then your stop-loss gets triggered so it’s basically gone?
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ThereAreCatsInTheContract.
· 3h ago
Is the 62000 target too optimistic? I feel even 63000 is difficult.
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ToBeHonest,You'llLose
· 4h ago
The head-and-shoulders top is definitely clear, but the 63,500 level has been tested several times—do you really dare to short?
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BridgeSideEyes
· 4h ago
#Bitcoin is in a high-level consolidation phase. I choose to wait and see, and will move when the direction is clear.
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StillHereAfterTheRugPull
· 5h ago
Hourly level top divergence + Bollinger upper band resistance, this pullback expectation is quite strong, follow it.
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