BTC rebounded from the 67,700 low point to around 71,000, forming a double bottom structure with short-term moving averages in bullish alignment. It is recommended to establish long positions around 70,300 with a stop loss at 69,700, and target levels at 71,780/72,400/73,200, with a risk-reward ratio of approximately 2.8. The key observation point is whether it can break through the previous high of 71,800; if it does, the upside potential opens up.
BTC Trading Strategy
BTC rebounded from the 67,700 low point to around 71,000, forming a double bottom structure with short-term moving averages in bullish alignment. It is recommended to establish long positions around 70,300 with a stop loss at 69,700, and target levels at 71,780/72,400/73,200, with a risk-reward ratio of approximately 2.8. The key observation point is whether it can break through the previous high of 71,800; if it does, the upside potential opens up.