BTC rebounds and is nearing the resistance level—be cautious about chasing; in the short term, focus more on high-short opportunities


BTC today continues to maintain a rebound trend, but the price has gradually moved closer to the prior resistance zone. Technically, the Bollinger Bands price is approaching the prior high; there is still significant pressure for a breakout above it. The risk of continuing to chase higher prices in the short term is increasing. $BTC

Although the MACD red histogram has been partially restored, bullish momentum has not clearly strengthened. Meanwhile, the increase in trading volume has not formed sustained follow-through, indicating that newly added market capital remains limited. At present, it’s more a game among existing liquidity. KDJ has entered a high-range area, and ATR shows volatility still persists. Therefore, the market is more likely to see wide-range consolidation next, rather than a one-way rally.

Today’s hunting plan
🕸️ Target for elimination: short 🚗Elimination base: 64450-64850
🙂‍↕️Turn back and go home: 65450 🎯Elimination targets: 63800-63150
If it breaks down, you can continue to watch the 62400-61800 zone

Zoe reminds: When the market rises, it’s easiest to forget risk. The market will never keep rewarding people who chase. Patience while waiting for your own opportunity is more important than entering blindly.
BTC-0.30%
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ColdBrewYield
· 1h ago
With the Bollinger Bands tightening up plus the KDJ being at a high level, choppy sideways markets are the most frustrating. Taking a light short position feels more comfortable than chasing a surge.
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FrictionlessFred
· 2h ago
The 64,450–64,850 range was tested three times before. This time, there’s a fairly good chance it will go up again and then get smashed back down—wait patiently.
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BridgeSideEyes
· 2h ago
This setup by Zoe is kind of interesting: it’s a hidden order near 64,450 shorting; the stop-loss is set at 65,500; the risk-reward ratio is decent—wait for a pullback to confirm.
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PocketAlphaPia
· 2h ago
The MACD red bars have been fixed, but the volume hasn’t caught up—this is a typical warning sign of a fake breakout. Going long here is really reckless.
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