$BTC Currently, it has stalled around the 64,600 area, with short-term indicators looking weak. MACD running below the waterline suggests a lack of bullish momentum, but the 4-hour uptrend remains unchanged, forming a typical “uptrend continuation” or “top consolidation” pattern. 📈


There really hasn’t been much news lately; the Fed is also just repeating the usual talking points. The market right now is heavy with a wait-and-see mood. Everyone is waiting for a clear directional choice, and no one wants to be the first one to step out and pump the market at this moment. 🐦#BTC
In terms of strategy, it’s all about “surviving”: the 65,200–65,500 zone above is a strong resistance area. Without a breakout with volume, shorting on rallies offers a better risk-reward ratio. Targets are around 64,200. Of course, you can also do high-sell/low-buy. If price drops into the 64,000–64,400 range and shows a stop-fall signal, you can try a short-term long. The core logic is “range-bound consolidation.” Don’t act until the breakout happens—until a break above 65,600, treat it as a consolidation market. Remember to set your stop-loss. The volatility here isn’t large, but once a turn happens, it becomes a big one-way move—don’t hold on.
BTC-0.81%
View Original
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
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
PolygonPilgrim
· 7h ago
Hang in there! This position really tests you. Wait for direction—call me again after a breakout above 65,500.
View OriginalReply0
RoyaltySheriff
· 9h ago
MACD below the waterline + box-shaped consolidation—this is an old script. Don’t get greedy with selling high and buying low. Make sure you set your stop-loss properly—stick to it and don’t skip it.
View OriginalReply0
CryptoCamping
· 9h ago
Heavy overhead resistance; with no volume, it can’t push through. For now, hold back and wait—respectfully, keep it empty. Target: 64,200
View OriginalReply0
  • Pinned