Yes — this TUT chart is very bullish, but extremely extended.
From your 1H chart:
🚀 Current: ~0.1048 🔴 Major resistance: 0.1168 (recent high) 🟡 Immediate support: 0.100–0.102 🟢 Stronger support: 0.092–0.095 📈 Trend is strongly bullish: price is above MA5/10/30/60.
⚠️ Price is also above the upper Bollinger Band (~0.104), so a pullback/consolidation is very possible.
My take: I would not chase a long at 0.105 after a +47% move. If it holds 0.100–0.102, another push toward 0.112–0.117 is possible. If 0.100 breaks, expect a deeper pullback toward 0.092–0.095.
NEW: 🇺🇸Bank of America says investor bullishness is now at its highest level since 2021 -- warning it may be time to sell stocks and other risk assets.
That doesn't guarantee a crypto reversal, but it does raise the risk of crowded positioning across the market.
. Right now BTC is around $64.9K, and it has already pushed above $64K. � MarketWatch
My short-term levels:
🟢 Above $65.3K: likely continuation toward $66K → $67K 🟡 $64K–$65.3K: likely sideways/choppy 🔴 Below $64K: pullback toward $63K–$62.5K becomes more likely So my bias for this weekend is slightly bullish, but I would want a clean break and hold above $65.3K before expecting a stronger pump.