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On the BTC 1-hour chart, the MACD bullish bars are continuously expanding, with buying funds actively entering to drive the price up, reaching 63666. The current funding rate is at a low level, long positions are not overly crowded, and there is no excessive selling pressure.
The upper Bollinger Band on the 4-hour chart is near 63800, acting as resistance. If successfully broken, the market is expected to accelerate upward.
Trading suggestion: Go long in the range of 62500-63000, with targets at 64500-65000.$BTC $GT $ETH