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BTC Market Analysis
After stabilizing and stopping the decline on the daily chart, Bitcoin continued to absorb funds after a short-term surge and stabilization at a high level. The current price is running around 67000. The MACD indicator and volume are shrinking, and the KDJ three-line golden cross is running upwards. The daily trend belongs to the strong bullish energy. On the four-hour candlestick chart, the price is currently held back by the resistance level of 67500, and the overall upward movement is blocked. Caution is advised for a price retreat to the 65300 support level. The overall candlestick pattern on the four-hour chart forms a high-level suppression at 68400, so if it cannot break through 68400 smoothly this week, it may form a bearish trend. Therefore, it is recommended to focus on setting up long positions at the four-hour support level of 65100, and the overall candlestick chart on the hourly chart forms a clear upward channel, with support around 66500. Therefore, the overall pattern suggests setting up long positions in the range of 66500-65100 for BTC in the future.
BTC Operation Suggestions
Long at 65300-65900
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