$BTC recently attempted to hold above the 71k–72k region after touching 74k, but the structure failed to sustain. Once the 70.2k–70.5k support broke, the market quickly slid toward 68k without much resistance — a sign that liquidity below was thin. This reaction tells us one thing clearly: buyers are still hesitant at higher levels. At the moment, #BTC remains trapped inside a well-defined range between 72k and 62k, and price behavior over the last month supports that narrative. Every push toward the top of the range gets sold, while dips closer to the lower boundary attract demand. • If Bitcoin loses 67k–65k, downside pressure could extend toward the 63k–62k range support again. Until a strong catalyst appears — such as geopolitical news, ETF inflows, or broader liquidity returning — the market will likely continue ranging for another atleast 10–15 days.

【$ENA Signal】Ambush Rebound: 1H Oversold Divergence + Deep Support, Signs of Main Force Protecting the Market $ENA The 1H timeframe has entered a deep oversold zone, RSI has fallen to 29, and after the price quickly dipped near 0.107, buying interest emerged. Although the 4H trend is downward, open interest remains stable, with no signs of panic selling. Coupled with negative funding rates, there is potential for a short squeeze rebound. The buy orders in the 0.1060-0.1074 range below are unusually thick, indicating clear main force support, making it an excellent short-term ambush zone. 🎯Direction: Long (Pullback Entry) ⚡Entry/Order: 0.1063 - 0.1074 🛑Stop Loss: 0.1050 🚀Target 1: 0.1100 🚀Target 2: 0.1130 🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position to aim for Target 2. If the price retraces and falls below the average entry price, exit unconditionally. Depth Logic: The 1-hour RSI shows severe oversold conditions and a bottom divergence pattern, indicating weakening downward momentum. Despite the price decline, open interest remains stable, suggesting it’s not main force unloading but rather clearing long leverage. Market data shows massive buy orders below 0.1060, forming a solid support wall. In a negative funding rate environment, short positions incur higher costs, and any upward price movement could trigger short covering, leading to a rapid rebound. View real-time market 👇 $ENA --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #GateforAI重磅上线

Crypto界 News: According to Coinglass data, in the past 1 hour, the entire network experienced liquidations totaling $112 million, including $109 million from long positions and $3.76 million from short positions; additionally, BTC liquidations reached $55.19 million, and ETH liquidations reached $28.12 million.