Today, BTC opened with an overall choppy session characterized by a rebound after probing the lows, but then came under renewed pressure. During the session, the intraday low dipped to around 62,510. Fresh capital flowed into the low area, triggering a round of corrective rebound. After the price rallied higher and touched the Bollinger upper band pressure level at 63,543, bullish momentum quickly faded. The current price has pulled back to around 63,489 and is trading in a range.



Judging by indicators, the KDJ has already reached the overbought zone and turned downward. MACD bullish incremental gains are gradually slowing. The Bollinger upper band has formed strong resistance. This rebound is only a short-term repair after a big drop and has not changed the overall weak stance over the larger cycle.

Today’s rebound potential has been fully used up. Heavy resistance overhead is difficult to break through, and every time the price spikes intraday, it will face a large wave of sell pressure. Tomorrow’s market does not have a foundation for sustained upside. After the rebound ends, it will once again enter a downward rhythm. Tomorrow’s trading approach should focus mainly on selling short on rallies, following through with the bearish trend.$BTC $ETH #USDT充值理财双重奏 #ETH站稳1900美元
BTC0.07%
ETH-1.51%
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NFTMinimalist
· 1h ago
A rebound is your chance to get out—don’t get carried away.
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NewChainWatcher
· 2h ago
KDJ has already turned downward, the upper Bollinger Band is pressing down, and the MACD is also seeing decreasing volume; the rebound strength is clearly insufficient. Even if there’s a pull-up tomorrow, it will likely be a bull trap. Keep your short positions, and add to them again around 62,700.
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Eth_Shareholder
· 3h ago
Every time it spikes up, it’s basically just a “bait” scam—nothing about the long-term downtrend has changed. Why not short and wait for a pullback instead? Don’t let short-term rebounds trick you.
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MemeMuseum
· 3h ago
This round of fixes looks intense, but 62,500 hasn’t broken yet. Tomorrow it will most likely keep dipping. For safer trades, short on rallies.
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