On the 15-minute chart, the price pullback has broken below the Bollinger middle band. Short-term bullish momentum has clearly weakened, with volume continuing to shrink compared to the rally phase. The first key support below is the Bollinger lower band at 63772, which is the watershed for the strength of this rebound. Above, the resistance range is 64441-64691. The previous high has heavy selling pressure, and without volume it is difficult to break through again.
If it can hold the support at the lower band 63772 and stabilize, after oscillating and accumulating strength, it will challenge the previous high of 64441 again, and the rebound trend will continue. Conversely, if it effectively breaks below the support at 63772, this round of staged rebound will end, and the market will start a pullback repair, looking at support around 63000 below.
Bitcoin long near 63500-63200, target 64500
Ethereum long near 1770-1750, target 1850

BTC-0.63%

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PrincessQingyue

· 21h ago

$BTC BTC current price is 63814. It surged to 64691 in the early hours, touched the Bollinger upper band at 64441, then faced pressure and pulled back. It is currently consolidating and stabilizing in a high-range zone. The 15-minute price pullback has already fallen below the Bollinger middle band. Short-term bullish momentum from the push higher has clearly weakened. Compared with the rally phase, trading volume has continued to contract and diminish. The first key defense level below is the Bollinger lower band at 63772. This level is the watershed for the strength of this rebound. The upper resistance range is 64441-64691. There is heavy sell pressure at the prior highs, and without a significant increase in volume, it is difficult to break through again.

If it can hold the support of the Bollinger lower band at 63772 and stabilize, after consolidating and building up strength through range-bound movement, it will challenge the previous high at 64441 again, and the rebound trend will continue. Conversely, if 63772 is effectively broken, this staged rebound ends, and the market enters a pullback and repair phase. The support below to watch is around the 63000 area.

Long BTC near 63500-63200, target 64500

Long ETH near 1770-1750, target 1850

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$BTC Bitcoin current price 63814, early morning surged to 64691 touched the Bollinger upper band 64441 then faced resistance and pulled back, currently consolidating in a high range.

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