The short-term trend is turning from weak to strong. If the pullback doesn’t break 64,500, keep looking for longs, but pay attention to the distinction in resistance between 65,000–65,500.



Downside support: 64,500–64,700. After dipping to 61,800, there was a rapid rebound, the lows keep getting higher, and the market shows strong buy support.

Upward resistance: 65,000–65,500. There have been multiple prior attempts to push up that all ran into selling pressure, forming a tightly packed trapped-fund zone.

The 1-hour timeframe has regained the short-cycle moving averages, with lows continuing to rise—an oscillating upward structure is taking shape.
② It keeps reclaiming key levels in succession, and there are clear signs of capital returning.
③ Macro sentiment is improving; the rate-cut expectation debate is still ongoing, and BTC, as a bellwether, is stabilizing first.

If the pullback doesn’t break 64,500–64,700, go long, with a stop-loss below 64,000. Targets are 65,000–65,500; if it breaks through, then look to 66,000.

The more consistent the bullish outlook is, the more likely it is to keep getting shaken out. $BTC
BTC3.22%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned