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Building momentum, waiting for the right moment to act. Yesterday’s market movement showed that after the coin price stabilized around the 64,200 level in the earlier stage, it began to trade sideways and then move upward. It steadily pushed higher to touch the stage high at 65,000. After the spike, the market saw a pullback. Currently, it has pulled back to around the 64,800 level and is trading there. Overall, the market has formed a cycle of probing the lows, rallying, and then a small pullback. So will this market surge upward again to test the resistance level above? Going forward, we can mainly focus on buying when prices dip back to lower levels.
From the daily chart, it is clearly visible that after a round of sharp pullback earlier, the market stabilized at low levels, and then began a sustained sideways-to-upward move. With each pullback, the low points keep getting higher, and the overall price center of gravity moves steadily upward. The coin price is holding stable above the middle band of the Bollinger Bands. Relying on this support line, it repeatedly oscillates and accumulates strength; each time it makes a small rest, there is no deep drop. This is enough to show that the follow-through strength from buy-side demand is strong—bullish funds have been entering steadily. The MACD indicator’s two lines continue moving upward; bullish volume power remains steadily released, with no signs of exhaustion. After a period of horizontal consolidation and stabilization on the chart, this is a phase of accumulation during an uptrend. The bulls overall firmly control the market’s rhythm, and the larger trend remains biased toward the long side.
Big BTC long in the 64,500-64,000 range Target 67,000
ETH long in the 1,870-1,860 range Target 1,950#PreIPOs第二期OpenAI认购 $BTC $ETH