After the midday session, the market saw choppy upward movement. The bulls decisively broke through the prior consolidation range, triggering a fast short-term surge. However, once price reached the high zone, the rise began to stall: buy-side momentum gradually weakened, sell pressure above kept building up, and the market shifted from a strong one-way trend into a phase of high-range consolidation and repair.



After the market touched a key resistance level, upward momentum ran out, and technical indicators simultaneously entered a dulling range at high levels. At this point, chasing longs no longer offers good value. The trading approach should switch to a defensive counter-attack: place short positions in line with the upside resistance levels, aiming to bet on a technical pullback. Do not subjectively forecast the exact top, but be sure to be alert to the pullback risk caused by the sharp run-up and subsequent reversal.
BTC rebounds to around 64,500-65,000 short, targeting 63,100-62,600 downward
ETH rebounds to around 1,840-1,870 short, targeting 1,730-1,660 downward
$BTC #GateUS合规扩展佛罗里达
BTC0.61%
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GovernanceMoodboard
· 37m ago
GateUS also expanded into Florida again? On compliance, Gate really is moving fast, but for the short term, I’m still watching for a pullback.
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AMirroredSphereReflectingThe
· 37m ago
High-level range-bound consolidation is being repaired. The short-seller idea is not wrong, but the stop-loss must be placed properly. Don’t anticipate the peak—just follow the trend.
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NightTideShell
· 38m ago
The second cake is range-bound between 1840-1870 with bearish bias. If it breaks down, look for 1730. The risk-reward ratio is good—just need to wait until the rebound hits properly.
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MevHasMeCompletelyConfused.
· 51m ago
This rebound hitting around 65,000 really faces heavy resistance; the indicators have dulled at high levels. Chasing longs doesn’t really have good value. I’ll short a little and take a look.
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GateUser-06596f3b
· 1h ago
$BTC The range 64,500-65,000 is empty; the target is 63,100. Hope it won’t get swept by a false breakout.
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