BTC is watching for a rebound in price to the 65,500–66,000 range (and the earlier small platform resistance level). If you see lagging-up signals such as a long upper wick or a bearish engulfing candle, consider setting up a short.



First target to watch: 64,990 (the recent wick low and an integer level test)

Second target to watch: 64,670 (if it breaks below the prior low decisively, it will further probe deeper toward the long-term support zone)

Defense at: above 65,300 (if it breaks out with increasing volume and holds above this level, it indicates the short-term bearish trend has been broken; cut loss and exit)

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CaptainChenOfTheEncryptionTeam
· 16h ago
BTC watches for a rebound in the price to the 65,500–66,000 range (and the earlier minor platform resistance level). If there are lingering-stall signals such as a long upper wick or a bearish engulfing candle, set up short positions.

First target: 64,990 (recent needle-insert low and the integer level test)

Second target: 64,670 (if there is a valid break below the prior low, it will further probe down toward a long-term support level)

Defense placed at: above 65,300 (if there is a breakout with increased volume and it holds above that level, it indicates the short-term bearish trend is broken; exit and cut loss)

$BTC $ETH
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