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BTC price remains firmly above the Bollinger midline at 63521. The overall Bollinger Bands are trending upward, and the medium-term uptrend structure has not been completely broken. This is a high-level pullback after an advance.
KDJ was previously in the overbought zone; the indicator has started to turn, suggesting a need for correction on the 4-hour timeframe.
Previously, after rallying from the 61810 low, it rebounded with a large bullish candle to 65098. At the high level, it hesitated and rallied, then closed bearish. The bulls are showing signs of lacking strength to push higher, entering a phase of digesting profit-taking.
Yan Ze, midday:
BTC: sell in the 64900-65400 range, targeting around 63500
ETH: sell in the 1885-1900 range, targeting around 1850 #PreIPOs第二期OpenAI认购 $BTC $ETH