BTC is consolidating at a high level; if there’s a pullback, that’s a chance to go long low.



On the current 4-hour timeframe, BTC’s candlesticks form a bullish engulfing pattern, showing strong buyer power, but there is a conflict with the shrinking trading volume and an overbought condition.

Market sentiment is in fear, weakening confidence in risk assets and potentially increasing sell-off pressure.

However, all technical indicators point to a bullish trend—strong buyer power—so the coin price still has room for further upside; on short-term pullbacks, continue to go long on dips.

Entry opportunity: go long around 64,500, with targets at 66,500–67,500.
BTC-0.22%
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