#BTC main momentum update
The US-Iran situation has not escalated further. Market risk appetite has rebounded, and BTC has started a rebound.
Structurally, the price is currently testing the upper boundary of a descending channel. If there is a valid breakout above 64,250, it would suggest that a larger-scale 3rd-wave rally may be starting, and the uptrend for bulls will be further confirmed.
In terms of trading, if price breaks above 64,250, you can follow through with a long position. The short-term target is 66K. If the pullback does not break, keep looking higher.🚀💰
The US-Iran situation has not escalated further. Market risk appetite has rebounded, and BTC has started a rebound.
Structurally, the price is currently testing the upper boundary of a descending channel. If there is a valid breakout above 64,250, it would suggest that a larger-scale 3rd-wave rally may be starting, and the uptrend for bulls will be further confirmed.
In terms of trading, if price breaks above 64,250, you can follow through with a long position. The short-term target is 66K. If the pullback does not break, keep looking higher.🚀💰