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As mentioned this morning, after Bitcoin broke through 64500, we need to observe whether the price can find support around 63900-63300.
Price has now reached a low of 63868, and the market has entered this range.
After the recent short-term drop, the 1-hour chart clearly shows an overbought condition, increasing the risk of the price continuing to chase higher. However, we cannot rush to conclude that the overbought condition has ended until the price returns to 64100.
The next key area to watch is 63700-63100. If this level holds and 64100 is successfully reclaimed, there is a chance for a short-term recovery. If it continues to fall below this level, the 4-hour chart will grow weaker.
Bitcoin: Buy around 64600-65100
Target: 63200-32800
Ethereum : Buy around 1910-1930
Target: 1830-1810
This content is only for market observation and not investment advice.
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4H SKYAI signal ( LONG )
ENTRY : 0.03050 - 0.03350
SL : 0.02544
TP : 0.06362
$BTC $SUI $SKYAI