🟢 Price is above VWAP (63.626) → bullish.


🟢 Price is also above the SuperTrend (63.067) → the trend is still up.
🔴 Price is now already touching resistance at 64.370, and even briefly rose to around 64.713 before dropping again. This suggests there are sellers in that area.
📊 The order book showing more sell-side depth (78%) could indicate sell pressure, but the order book can change quickly, so it’s not a certain signal.
Prediction for the next 24 hours:
60% Bullish if BTC manages to break and close above 64.370–64.700. The next target is around 65.000–65.500.
40% Bearish if it fails to break through resistance. Price may drop to test 63.600, then 63.000, and even 62.900 as support. The recent rise in BTC is also supported by improved crypto market sentiment and regulatory optimism, but macro conditions and ETF fund flows still make price movements sensitive.
#btc #trade
$BTC
BTC-1.49%
View Original
RIFUSDT Futures Grid
Long
5X
Return %
-55.08%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned