BTC Morning Chart Analysis

After spiking to the 65788 high on a four-hour timeframe, it slightly pulled back and consolidated. The current price is hovering around 65182. The upper band of the Bollinger Bands forms short-term resistance; the pace of short-term rise has slowed, and bullish momentum has weakened somewhat.
The overall uptrend structure, which has been lifting from low levels, remains intact. This pullback in this round is only a handover and rest during the upward move and has not reversed the broader bullish trend. 65516 above is the key resistance level, while 64600 below is the core support zone.
Morning market conditions should be treated as range-bound consolidation. Don’t chase to enter in anticipation of a breakout. If the rebound meets resistance, you can cautiously test a short with small position size. If it retraces to support and stabilizes, follow the trend to go long. Build positions in portions within the range, keep exposure light throughout, manage risk the whole time, and avoid short-term back-and-forth whipsaw volatility.

Trading Recommendations

BTC: Let it dip between 64000-64500, target 65500; if it breaks out, look for 66500

ETH: Let it dip between 1850-1800, target 1950; if it breaks out, look for 2000

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