Let’s have a quick chat! Today, Bitcoin has been consolidating around $65,800, successfully holding above the 50-day moving average (~$65,072), suggesting that demand is gradually recovering in the short term. However, the 100-day moving average ($68,100) remains a strong resistance level, keeping the near-term sentiment neutral to slightly bullish. RSI is at 58, and MACD remains positive—indicators are decent but not overwhelmingly strong. We’re in a gradual, grinding phase. My personal view: Until Bitcoin decisively breaks above $68.1K, be cautious about aggressive long positions. A pullback toward the $65K area presents a relatively safer entry zone; only a break below $64K would signal a true weakening. At this level, a lighter position size with range-based trading, or waiting for a clear breakout before adding more, is the more prudent approach.
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