3.2 Midday Bitcoin Analysis: Geopolitical news flooding in, risk assets experiencing massive volatility, traditional safe-haven assets gold and silver rising across the board.
Yesterday morning, BTC faced resistance at 68,200 and pulled back, then rallied after approaching 66,000 in the evening, with short-term bears strengthening and dropping straight to 65,000 in the early morning;
After being oversold, a rebound to 67,000 occurred in the morning, but momentum stalled.
On the hourly chart, two touches at 65,000 in the morning found support and moved higher, causing short-term support to slightly rise to 65,300, with the upper band facing short-term resistance at 67,200;
The 120-minute range slightly expanded to 65,000–67,800, with technical indicators showing short-term improvement, increasing the likelihood of a rebound during the white session.
The 4-hour chart shows a short-term top near 68,200 and a bottom near 64,000; moving averages are clearly converging, and Bollinger Bands are flattening; significant volatility during the white session is unlikely.
The daily chart also indicates large-range oscillation, frequent news events, increased volatility during the US session, cautious position opening, and risk management to avoid losses.
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3.2 Midday Bitcoin Analysis: Geopolitical news flooding in, risk assets experiencing massive volatility, traditional safe-haven assets gold and silver rising across the board.
Yesterday morning, BTC faced resistance at 68,200 and pulled back, then rallied after approaching 66,000 in the evening, with short-term bears strengthening and dropping straight to 65,000 in the early morning;
After being oversold, a rebound to 67,000 occurred in the morning, but momentum stalled.
On the hourly chart, two touches at 65,000 in the morning found support and moved higher, causing short-term support to slightly rise to 65,300, with the upper band facing short-term resistance at 67,200;
The 120-minute range slightly expanded to 65,000–67,800, with technical indicators showing short-term improvement, increasing the likelihood of a rebound during the white session.
The 4-hour chart shows a short-term top near 68,200 and a bottom near 64,000; moving averages are clearly converging, and Bollinger Bands are flattening; significant volatility during the white session is unlikely.
The daily chart also indicates large-range oscillation, frequent news events, increased volatility during the US session, cautious position opening, and risk management to avoid losses.