$64,700 Remains Overhead Resistance for BTC

In terms of price range, Bitcoin has fluctuated intraday between $61,794 and $63,063, yet the strength of the rebound remains limited. Previously, the price faced selling pressure above $64,200, subsequently pulling back rapidly toward the lower bound of the July trading range.

From a technical perspective, $63,131 is the immediate level that needs to be reclaimed. If the daily price closes back above this level, market attention will shift once again to the $64,200–$64,890 zone.

To the downside, $61,560 serves as a recent support level. A one-week liquidation heatmap reveals a concentration of leveraged positions below the $61,000–$61,500 range, as well as a significant cluster of potential liquidations above the $64,800–$65,000 zone.

If the daily price falls back below the $62,000–$62,500 range, the market may target $60,400, followed by the monthly open near $58,700 and the previous low of $57,765.