Market Update -

Yesterday we highlighted how $65.5k had flipped from resistance into 4 hour support, and this was respected on a number of retests yesterday. However, this morning we saw the recent candle close lost this level, and so far the retest has rejected. Now I am watching for a reclaim or a further breakdown from this level.

There is liquidity increasing towards $64k so there is a chance that is the next move. Pretty standard choppy weekend so far, but that could change later as we approach the weekly close. Ideally we want to see $65k hold by the end of today.