The real divergence isn’t about whether to look or how much—it’s whether 64,000 can hold through a 4-hour closing.
Osbrah’s path leans bullish: he observed that spot is more optimistic than perpetuals, and the short attempts around the support level didn’t continue. As long as $BTC holds 64,000, first look for a pullback to 65,000. The publicly quoted price is around 64,187, with an intraday range of 63,771—65,147. Price is still hugging the decision/trigger band, so it’s not advisable to treat the rebound as a trend.
The other path is more cautious: one trader thinks the rejection in the 65,000—65,500 zone has not yet been fully digested. Only if there’s a valid 4-hour close below 64,000 would the downside targets shift toward 62,000. The two statements aren’t contradictory—the real difference comes down to the closing confirmation.
I’ll wait for the 4-hour close at 64,000 and then the subsequent retest: if it holds, I’ll follow for an upper test; if it breaks down, I won’t chase the rebound. Do you place more emphasis on the 4-hour close, or on the acceptance after the 64,000 retest? Personal order-book notes only, not investment advice.
Osbrah’s path leans bullish: he observed that spot is more optimistic than perpetuals, and the short attempts around the support level didn’t continue. As long as $BTC holds 64,000, first look for a pullback to 65,000. The publicly quoted price is around 64,187, with an intraday range of 63,771—65,147. Price is still hugging the decision/trigger band, so it’s not advisable to treat the rebound as a trend.
The other path is more cautious: one trader thinks the rejection in the 65,000—65,500 zone has not yet been fully digested. Only if there’s a valid 4-hour close below 64,000 would the downside targets shift toward 62,000. The two statements aren’t contradictory—the real difference comes down to the closing confirmation.
I’ll wait for the 4-hour close at 64,000 and then the subsequent retest: if it holds, I’ll follow for an upper test; if it breaks down, I won’t chase the rebound. Do you place more emphasis on the 4-hour close, or on the acceptance after the 64,000 retest? Personal order-book notes only, not investment advice.