BTC surged to around 66,924, and after that, yesterday the market overall maintained a high-level ranging pattern. The current price is oscillating around about 65,800, back and forth.



From the current order book situation, on the daily chart the price started a reversal upward from the low of 57,758; it has continued to hold above the Bollinger middle band, and the long- and medium-term bullish trend remains intact. The current price is approaching the Bollinger upper band. After impacting the 66,924 high, the upward momentum clearly slowed down, entering a phase of consolidation at high levels.

On the 4-hour cycle, bulls and bears are fighting around the Bollinger middle band. 65,500 is the first support in the short term. Below that, 64,400 is the key defense level for the bulls. In terms of trading, it is recommended to keep the low-long positioning layout unchanged!

BTC pullback around 65,500–65,000; then look up at 66,900–67,800
ETH pullback around 1,900–1,870; then look up at 1,980–2,050#Gate事件合约首发狂欢 $BTC $ETH
BTC-0.91%
ETH-0.35%
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