Current BTC quote at $71,649, holding firmly above the 4-hour EMA ($70,001), while trading within the 1-hour Bollinger Band mid-band to upper band range (upper band $71,311). Daily RSI 54.88 (neutral), MACD histogram positive +774 (daily has turned bullish), with core support below at SMA20 ($68,165).



On-chain data is strong: Realized Price $54,387 establishes a solid floor, SOPR 0.993 shows no panic selling signals in the market. Currently BTC/ETH is in an extremely panic undervaluation window, with technical indicators + on-chain signals consistently pointing toward cautious long positioning, prioritizing BTC leadership.

Today's targets: BTC +2-4%, ETH +3-5%, but $71,000 is the key dividing line.

Trading scenarios:
Bullish (60% probability): After breaking through $71.8k, BTC target $75k, ETH target $2.3k, with catalysts being fear index rebound + sustained on-chain capital accumulation.
Neutral (30% probability): Range-bound between $68k-$72k, hold positions and strictly monitor stop losses.
Bearish (10% probability): If breaks below $70k then turn bearish, target $68k support. #BTC $BTC
BTC2.64%
View Original
post-image
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
0/400
No comments
  • Pin