4.2 Bitcoin Strategy


Today, Bitcoin generally weakened, surged then fell back, causing a sharp drop.
Support levels are at 65,000-66,000.
Resistance above is at 68,000-70,000 with heavy pressure.
Once it breaks below 65,500, there is a high probability of a decline to 60,000-62,000. Currently, any rebound is just a trap for late buyers; 66,000 is the critical bottom line.
Unified approach: do not chase longs, do not blindly bottom-fish, only short on rallies in futures, and strictly set stop-losses.
$BTC
BTC-2,23%
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