BTC morning outlook



After the price pushed higher and touched the upper high point, the upward momentum gradually weakened. The market entered a consolidation and correction phase under pressure. The upper band of the Bollinger Bands formed a clear suppression effect; on the short term, the pace of上涨 slowed down and did not continue the strong breakout surge.

The overall low-level rebound structure has not been broken. After the pullback, the lower moving averages formed support. The consolidation is just a pause during the upswing, so there’s no need to overly bearish on a reversal. Don’t chase price to enter for a short-term breakout; wait for a retest of support and go long in line with the trend. If the rebound meets resistance, try a small short position again with lighter exposure. Build positions in batches within the range, strictly control position sizing to avoid whipsaw volatility.

Key levels

Resistance: 6418, 6435
Support: 6384, 6360

Trading plan

BTC: On a pullback to 62500-63500 and stabilization, go long; targets are 64300, and if it breaks out, 65500.
ETH: On a pullback to 1750-1800 and stabilization, go long; target is 1860, and if it breaks out, 1930.

#BTC
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