Yesterday, BTC prices remained in full-session range trading with constant oscillation. In the early hours, BTC surged to rebound and pushed up to around 64,900; the market is still undergoing high-level range trading.


Judging from the current chart, the 4-hour rebound-from-the-bottom trend is clear. It bounced from the 62,505 low up to 65,589, but met resistance and pulled back. The current price is holding above the Bollinger middle band, and the long side’s foundation remains solid. The 65,100 Bollinger upper band is strong resistance for the short term. MACD bullish momentum has slightly weakened, but there is no bearish reversal signal; a short-term consolidation and adjustment is inevitable. On the 1-hour chart, the rally met resistance and fell back. The Bollinger band convergence and upward strength are weakening. The KDJ forms a high-level dead cross, releasing a pullback signal. Going forward, it is expected to first pull back to confirm support. In the near term, BTC is expected to test 63,900 support; if it breaks, it may continue to look toward 62,000. If it does not break, it could reverse upward to retest the prior high!
BTC rebound: sell short around 64,800-65,300, looking down at 63,900-62,000
ETH rebound: sell short around 1,890-1,920, looking down at 1,810-1,750#PreIPOs第二期OpenAI认购 $BTC $ETH
BTC-0.16%
ETH0.16%
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