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Bitcoin 4-hour trend is clear. The current price is oscillating above the middle band of the Bollinger Bands. Short-term rebound momentum remains, but upward resistance cannot be ignored!
From the indicators:
Bollinger Bands: After breaking above the middle band and pulling back for confirmation, the upper band resistance is around 68,800, and the lower band support is at 65,500. Currently, the price is near the upper boundary of the range, so watch out for a pullback after a rise.
MACD: After the golden cross, the red histogram continues to expand, indicating the bullish trend has not broken. However, there are signs of momentum slowing. The market is currently in a correction phase. Whether the bulls can continue to push higher again mainly depends on news sentiment. Stay alert to risks.