Yesterday, Bai Pan (BTC) traded in full-session oscillations along the horizontal range. In the early morning, BTC gained momentum, rebounded, and pushed up to around 64,900. Currently, the market remains in high-level consolidation.

From the current chart, the 4-hour bottoming and rebound trend is clear. It rebounded from the 62,505 low to 65,589, but then failed and fell back under pressure. The current price is holding steady above the Bollinger middle band, and the long side’s foundation is solid. 65,100 (the Bollinger upper band) is short-term strong resistance. MACD bullish energy has slightly weakened, but there is no bearish (sell) signal yet; a short-term ranging/adjustment is unavoidable. After topping out, price met resistance and pulled back on the 1-hour chart. The Bollinger bands’ convergence upward momentum has weakened. KDJ formed 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 that breaks, it will continue to look toward 62,000. If it does not break, then you should turn around and push up to re-test the previous high!
BTC rebound around 64,800-65,300 short, looking down at 63,900-62,000
ETH rebound around 1,890-1,920 short, looking down at 1,810-1,750#PreIPOs第二期OpenAI认购 $BTC $ETH