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Sunday Trading Strategy
Currently, Bitcoin is fluctuating around 66,500, with a daily rebound up to 67,196 before encountering resistance and falling back to 65,949. There is obvious selling pressure above, and in the short term, it remains in a weak oscillation structure. The rebounds are mainly technical corrections, not reversal signals.
Key Range for Today
Resistance Levels:
Primary Resistance: 66,800 — 67,200
Strong Resistance: 67,500 — 68,000
Support Levels:
Primary Support: 66,200 — 65,950
Strong Support: 65,500 — 65,000
Trading Ideas: Focus on buying low and selling high
Buy on dips: If the price rebounds to around 66,800—67,200 and shows no upward momentum or signs of stagnation, consider light short positions.
Target first at 66,200—65,950; if broken, then look towards 65,500.
Stop-loss reference: above 67,300.
Buy on dips: If the price retraces to 66,200—65,950 without breaking below and shows signs of stabilization, consider light long positions.
Target above 66,800, with a strong move testing 67,200.
Stop-loss reference: below 65,800.
Key Trend Points
Bullish signals: Successfully holding above 67,200, with a short-term chance to test 67,500—68,000.
Bearish signals: Losing support at 65,950, with a continuation of the downtrend. Watch for support at 65,500—65,000.