$BTC Big move is coming!
Will the big pie push higher this time, or keep dumping the market? We’ll know tonight!
After climbing to 64800, it pulled back and is now hovering around 64000. Overhead sell pressure is still clearly visible. In the short term, bulls and bears are tightly squeezed together—64160 and 63800 are the two key levels that will determine the direction tonight.
If it manages to reclaim 64160, a subsequent pullback can still hold, which would indicate short-term capital is stepping in. First watch 64800; after a breakout, then look at 65500. Especially the 64800–65500 zone—there are quite a few trapped positions there. Don’t rush to chase the first spike upward; waiting for the pullback confirmation will be safer.
If 63800 breaks down on heavy volume, then this rebound will keep cooling off. The downside first looks at 63200, then 62500–62300. This range has also been a spot where buying/support appeared multiple times earlier. If it truly drops hard, watch for signs of stabilization and don’t hard-commit with a full position too early.
Right now the market is still waiting for the CPI, and the situation in Iran–Iraq as well as the rise in oil is also weighing on risk sentiment—tonight’s volatility may noticeably increase.
My logic is simple: once it holds above 64160, follow the trend to watch for a rebound. If it breaks below 63800, first look for a retest/pullback. In the middle zone, don’t chase too many orders. The big pie has already entered a decisive “tipping-point” area—the direction will come out very soon!
Will the big pie push higher this time, or keep dumping the market? We’ll know tonight!
After climbing to 64800, it pulled back and is now hovering around 64000. Overhead sell pressure is still clearly visible. In the short term, bulls and bears are tightly squeezed together—64160 and 63800 are the two key levels that will determine the direction tonight.
If it manages to reclaim 64160, a subsequent pullback can still hold, which would indicate short-term capital is stepping in. First watch 64800; after a breakout, then look at 65500. Especially the 64800–65500 zone—there are quite a few trapped positions there. Don’t rush to chase the first spike upward; waiting for the pullback confirmation will be safer.
If 63800 breaks down on heavy volume, then this rebound will keep cooling off. The downside first looks at 63200, then 62500–62300. This range has also been a spot where buying/support appeared multiple times earlier. If it truly drops hard, watch for signs of stabilization and don’t hard-commit with a full position too early.
Right now the market is still waiting for the CPI, and the situation in Iran–Iraq as well as the rise in oil is also weighing on risk sentiment—tonight’s volatility may noticeably increase.
My logic is simple: once it holds above 64160, follow the trend to watch for a rebound. If it breaks below 63800, first look for a retest/pullback. In the middle zone, don’t chase too many orders. The big pie has already entered a decisive “tipping-point” area—the direction will come out very soon!