BTC has broken through 63800 several times, but it has not stabilized here so far. The price can only be considered to be initially stabilized when it reaches 66000. Because 64600 and 65500 are both weak resistances, it is easy to break through and easy to fall. Reaching 66000 in one breath, stepping on these two weak resistances, 63800 becomes a strong support, so it stabilizes.
In terms of time, it is also considered to be stable if the closing price is higher than 63800 for more than 48 hours in a row.
There is a difference between a breakthrough and an effective breakthrough. An effective breakthrough is a stable position.
But it is much safer to enter more when the new high of 64725 is tested back to around 63800 than to chase the high directly around 63800 in the morning.
