Based on the Bollinger Band cycle analysis over the past 1 hour, the Bollinger middle band at 64122 has now turned into a strong resistance level. The current price 63724 is trading below the middle band. Above, 64489—the upper Bollinger band—keeps facing repeated, layer-by-layer pressure. The current price is tightly hugging the 63755 lower band support. Bullish momentum has completely depleted, and the market has officially shifted into a weak trend.

After the prior rally topped out at 64497, the market’s swing high kept moving lower, and the rebound has had very poor follow-through. The bears firmly control the market rhythm. Looking at volume, it’s not hard to see that during the rebound phase the trading volume kept shrinking; attempts to push higher lack incremental capital support. Meanwhile, the downtrend shows expanding volume on the way down. This is enough to show that bullish funds have exited the market, and the short-term rebound is merely a bull-trap-style repair.

Currently, the price is running tightly along the Bollinger lower band. Once the 63755 support is declared broken, downside room will be fully opened. The next key support lies at the prior low of 63602. The short-term pressure range is locked at 64100-64490. As long as price cannot rise and hold the Bollinger middle band with volume, all rebound moves are windows to set up short positions from above. Overall, operations still adhere to the rebound-from-higher levels approach; only at key support levels may you try a small, low-position-size long to gamble on a short-term rebound.

BTC rebound near 64300-64800 and go short, targeting 63000-62500 below
ETH rebound near 1830-1860 and go short, targeting 1750-1680 below
$BTC #GateUS合规扩展佛罗里达