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How should BTC be positioned next week?
1. On the daily and 4-hour charts, the lows continue to rise. Stepwise support keeps moving up, and every deep pullback is quickly reclaimed with no ground lost. The bulls show strong follow-through, forming a standard uptrend range-trading breakout-and-pullback (washing) structure.
2. The moving averages gradually turn upward. During pullbacks, volume shrinks, while during rebounds, volume expands. Volume and price action are healthy together. The short-term consolidation is only a continuation of the rally and will not reverse the long- and mid-term bullish trend.
For long-term positioning, place bids in batches around the key supports at 63,800 and 62,800. Targets are around 68,000–70,000 $BTC $ETH #直通IPO第二期JerseyMikes