This morning, BTC is oscillating around $65,800, with volume slightly increasing. We observe a compression between the $65k (support) and $66.5k (resistance) zones.
Technical indicators show a loss of momentum in H4, but the RSI remains neutral. If the resistance breaks with volume, we could target $68k quickly. Conversely, a break below $64.8k would reignite selling pressure towards $62.5k.
To watch today:
• The price reaction at the US opening
• The behavior of ETH and the SP500
• The funding rate (still slightly positive)
And you, are you more bullish or bearish today? Let us know in the comments!
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