Bitcoin should focus on the support zone between 66,500 and 65,500 at midnight. Only consider entering long positions after a stable pullback; blindly chasing longs can easily lead to losses.
The resistance during the nighttime rebound is at 68,000—68,500. The bulls are truly strong only if the price stabilizes above these two resistance levels on the daily chart, which would give confidence to look for a rebound. Until a breakout occurs, keep a unified approach: wait for the pullback, do not chase highs. $BTC
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Bitcoin should focus on the support zone between 66,500 and 65,500 at midnight. Only consider entering long positions after a stable pullback; blindly chasing longs can easily lead to losses.
The resistance during the nighttime rebound is at 68,000—68,500. The bulls are truly strong only if the price stabilizes above these two resistance levels on the daily chart, which would give confidence to look for a rebound.
Until a breakout occurs, keep a unified approach: wait for the pullback, do not chase highs. $BTC