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BTC surged yesterday, then continued to trade in high-range consolidation. In the afternoon, it made a second push higher and broke out above 65,000—peaking at 65,300—where it was quickly rejected and fell back fast. The short positions entered in advance have been fulfilled as expected!
From the current chart, the 4-hour price has touched the upper Bollinger Band and then showed a lag in further advance; continuous upward moves piled up a large number of profit-takers. Selling pressure keeps building, and pullback demand is strong. On the 1-hour timeframe, it pushed up and closed with a long upper wick; bulls are unable to press further. The Bollinger Bands have narrowed and the upward momentum has run out, signaling the start of a bearish correction. Going forward, the priority remains the high-short bias.
BTC rebounds around 65,000-65,500 short, targeting 63,600-61,500
ETH rebounds around 1,890-1,920 short, targeting 1,810-1,730#PreIPOs第二期OpenAI认购 $BTC $ETH