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As mentioned this morning, after BTC breaks through 64,500, you should watch whether it can hold around 63,900-63,300.
Now the low has already reached 63,868, and 🌊 momentum has moved into this range.
After a short-term consecutive pullback, an obvious oversold signal has already appeared within 1 hour. The risk of continuing to chase longs is increasing, but since the price hasn’t reclaimed 64,100, you also can’t rush to judge that the sell-off has already bottomed.
Next, the focus is on around 63,700-63,100. If it holds there and then reclaims 64,100, there’s a chance for a short-term correction. If it continues to lose that level, the 4-hour structure will further weaken.
BTC: place orders around 64,600-65,100
Target: 63,200-32,800
ETH: place orders around 1,910-1,930
Target: 1,830-1,810
This content is for market observation only and does not constitute investment advice. #比特币 #币圈