Resistance level reference:
First resistance level: 66400
Second resistance level: 66500
If the first resistance level is broken, it will be unstoppable. It is estimated that the probability of testing the historical high again is high! The upward space is directly opened, and we can really wait and see.
At present, the K line is staying in the previous high selling range honestly, and this range is the key resistance line. We have to pay attention to it and see if it will be broken slowly.
Support level reference:
First support level: 65400
Second support level: 64500
If the first support can hold, it means that the market is taking a bath, taking a short break and preparing to set off again! We can expect a "return of the king" rebound here.
But if the first support is broken, the retracement of 66K may have to be delayed for a while. At that time, we have to keep an eye on the overbought area to see if the market continues to "go up".
Today's trading suggestions:
Bitcoin has now entered the "overexcited" overbought range. It is estimated that you need to calm down first and adjust before rushing. Friends who have food on hand, it is recommended to wait for a pullback before entering the market at a low point, steadily.
However, Dadong has to remind everyone that the buying is quite strong now, and the overbought situation may continue. Therefore, finding a suitable pullback point is the key to winning! Keep an eye on the low time frame to see if the low point is rising a little bit, and then consider taking action. Remember not to be too hasty!