In the early morning, the long-side major launched a strong surprise attack, with BTC breaking through the key 64,000 level in one go and surging to the 64,600+ range; ETH followed in tandem, with its price touching the 1,830 line. Currently, BTC is oscillating and consolidating at the 64,300 level, while ETH is trading around 1,810. The market is still controlled by the bulls, but after consecutive rallies, the upward momentum has shown a phase of decay.


On the daily chart, a strong upward pattern of six consecutive bullish candles has formed, with the price firmly holding above the 64,000 mark. Yesterday's candle closed with a long lower wick, fully confirming solid buying support below. The 4-hour moving averages maintain a bullish divergence structure, and every pullback is quickly bought back by funds, with no large-scale sell-offs, continuously strengthening the bullish trend. However, the hourly RSI has entered the overbought zone, and the 64,000 area faces profit-taking pressure from short-term holders. The morning session is likely to see a small pullback and repair.
The key support below is locked in the 63,400–63,000 range. As long as this support zone is not lost, the overall bullish structure will not be broken. After the consolidation and repair, the market still has the potential to continue rising.
BTC pullback to around 63,800–63,300 go long, target 64,600–65,000
ETH pullback to around 1,780–1,750 go long, target 1,830–1,860
$BTC $ETH #现货黄金站上4200
BTC-0.20%
ETH-0.56%
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MetalReliefRoboticArm
· 59m ago
$BTC The move is too fast and needs a breather. As long as 63400 below doesn’t break, the bullish structure is still intact; for the second setup, linked with it, watch whether there’s an opportunity around 1780.
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BridgeHopRanger
· 1h ago
Six consecutive bullish candles are indeed strong, but the hourly RSI is overbought + profit-taking pressure at 64000, the morning session is likely to see a pullback correction, wait for the support zone of 63400-63000 before considering going long for more stability.
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