$BTC From a 12-hour perspective, the lowest point dropped to around 59800, forming support. There were two failed attempts to break through around 72000, and then it dropped to around 65000 twice. In the short term, support is forming around 65000, but the bulls have not yet stabilized. Currently, the price is running near the lower Bollinger Band line on the 12-hour chart, with the pressure level just below the middle line of the Bollinger Band. Although the MACD indicator line has been rising, the trading volume continues to remain low, indicating that the buying strength is not very strong. To break upwards, it must surpass the middle line of the 12-hour Bollinger Band and stabilize above it, which is around 69000, and the buying volume must continue to increase; otherwise, all long positions will be free sponsorship for the bears.

BTCUSDT

Perp

68,108.5

+0.65%