7.7



BTC around 63600-63700, try a light long, stop loss 63300, target 64200/64400;
In the 64400-64600 zone above, wait for a reversal short opportunity, stop loss 64750, target 64000/63700.

From the low of 61283, the market rebounded all the way to 63970, with a series of consecutive bullish candles on the 4-hour timeframe. The AVL average of 63955 is basically in line with the current price, and the short-term trend is somewhat uncertain/leans range-bound. But 64685 is also in the 24h high area and a clearly defined resistance level recently; approaching it on lighter volume is prone to a pullback.

Current volume is 13.53K BTC, which has shrunk compared with the earlier rally phase. With shrinking volume approaching resistance, the probability of a breakout is low. The MACD fast line is flattening above the zero line, and the KDJ has dulled at high levels—technically, there is a need for a correction.

For today, first look at the 63600-64400 range. Only a volume-driven breakout above 64400-64600 can open up upside space; if it breaks down below 63300, it will pull back to 63000-62800. $BTC #gStocks代币化股票上线
BTC2.41%
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CandlewickKid
· 11h ago
Low volume is testing the previous high—it really looks shaky. I’ve noted the spot around 64400 for the flip/reversal.
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MirrorPetals
· 11h ago
63600 long order placed, hope no wick.
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PaperhandsPoet
· 13h ago
AVL is in line with the current price, showing that longs and shorts are locked in a standoff. There’s no rush to chase the move—wait for a volume breakout above 64685. Now is a reasonable time to try a light/lean position (light position).
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