After a wave of intense tug-of-war between bulls and bears in the early morning, Bitcoin stabilized directly, showing no intention of moving downward in the short term. Currently, it is oscillating around 68,000. The four-hour chart is very clear: since rebounding from the 64,900 support level, it has been fluctuating and gradually moving upward. The Bollinger Bands have already turned upward, indicating a bullish structure that is relatively strong. There is resistance around 69,300, but both yesterday and this morning’s pullbacks showed no strength, and the market is clearly showing a bullish bias. Today's trading reference: when retesting around 67,500, go long directly, with a stop loss below 66,800. The target is 69,300-70,000. If it breaks through, hold and aim higher; if 69,300 faces resistance and cannot be broken, consider a light short position. In summary, focus on low buying and avoid chasing highs, strictly manage stop losses!

BTC-3.01%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments