BTC Viewpoint:
The 3-day chart is still in a rebound and repair phase. Price is moving around the Bollinger midline, but the upper band is clearly exerting pressure. The MACD red histogram is shrinking, suggesting that in the short term, price may remain range-bound.
Weekly outlook:
It is still in a bottoming-building stage. The MACD continues to repair, and the KDJ is turning upward from a low level. If it holds above the 6-week level and breaks through $70,000, the medium-term rebound could continue up to $80,000; otherwise, a second pullback toward the $56,000 area remains a risk. Is it a true bottom breakout, or a bear trap?
The past few weeks are especially critical.
The 3-day chart is still in a rebound and repair phase. Price is moving around the Bollinger midline, but the upper band is clearly exerting pressure. The MACD red histogram is shrinking, suggesting that in the short term, price may remain range-bound.
Weekly outlook:
It is still in a bottoming-building stage. The MACD continues to repair, and the KDJ is turning upward from a low level. If it holds above the 6-week level and breaks through $70,000, the medium-term rebound could continue up to $80,000; otherwise, a second pullback toward the $56,000 area remains a risk. Is it a true bottom breakout, or a bear trap?
The past few weeks are especially critical.