$BTC ｜In the morning, only watch this segment
The long/bull structure is still dominant, but I only accept the consolidation after a pullback; I won’t chase prices that run too far away from support.
The most obvious issue right now is volume. In the past 4 hours, the trading volume has only been 0.55 times the normal level. Moves like this are more likely to stall at the first key level.
Current: $63,662
Watch zone: $63,250—63,330
Invalidation: $62,950
Targets: $63,780 / 63,990
Once price enters the watch zone, I only look at one thing: whether volume comes back along with it. Without consolidation, the mere touch of the price itself isn’t a signal.
The long/bull structure is still dominant, but I only accept the consolidation after a pullback; I won’t chase prices that run too far away from support.
The most obvious issue right now is volume. In the past 4 hours, the trading volume has only been 0.55 times the normal level. Moves like this are more likely to stall at the first key level.
Current: $63,662
Watch zone: $63,250—63,330
Invalidation: $62,950
Targets: $63,780 / 63,990
Once price enters the watch zone, I only look at one thing: whether volume comes back along with it. Without consolidation, the mere touch of the price itself isn’t a signal.
