BTC at an hourly level is holding in a sideways upward-trending channel and oscillating higher; it has currently reached the 66,400 short-term resistance level.


If it can break 66,400 with increased volume, the next target will be 67,200. In terms of trading, try to wait for right-side signals before considering a short.
For the market to start a pullback, it first needs an effective breakdown of the upward channel. The first retest target is 65,500; only if it breaks further below 65,100 will the pullback space fully open. As long as the 65,500–65,100 support zone holds, short-term downside momentum will be limited. If the price rises with clearly decreasing volume, the U.S. stock market open in the evening will be the key observation window. Once incremental capital enters, breaks through with volume, and holds above 66,400, the bulls may be able to push toward 67,200. If volume remains insufficient and it cannot break 66,400, the market will shift into a range-bound consolidation between 66,400–65,500.
Focus on long: 66,400–66,000 targets 67,200–68,000; defense 65,500
Focus on short: 65,500–65,000 targets 64,200–63,700; defense 66,000$BTC #ETH突破1900美元
BTC0.69%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned