AiCoin小编|7月 11, 2026 03:26
BTC Review: Resistance zone still in play!
BTC has tested the $64,200-$64,500 range multiple times but has yet to achieve a decisive breakout, indicating that sell orders above this area are still exerting significant pressure.
Currently, the price is hovering around the 45-minute EMA31 line. Open interest in contracts is relatively flat but shows slight signs of decline, suggesting that short-term sentiment hasn’t turned strongly bullish.
Key focus on the latest major orders (see chart):
On Binance, there’s a concentrated $115M buy order, mainly stacked in the $63,588-$63,467 range, indicating strong support in this zone.
Short-term strategy is clear:
- Don’t rush to chase highs unless $64,200-$64,500 is decisively broken.
- The dense buy zone near $63,500 could be a potential dip-buying opportunity, but make sure to set a stop-loss.
- Support at $62,400-$62,600 remains valid below.
Overall, it’s a tug-of-war market with "pressure at the highs, support at the lows." The $115M buy orders provide a strong safety net, but for the price to truly move upward, it needs to break through the resistance above.
#BTC #Bitcoin
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