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Yesterday, Bitcoin maintained a high-level narrow fluctuation overall, with two key signals to watch:
First, as long as the price has not broken out of the high-level range, the market will continue to mainly fluctuate sideways. Last night, support moved up to 73,500, and after a successful rebound from the dip, it rose nearly 2,000 points. Currently, the price is still consolidating in the high zone.
Second, if today’s market strongly breaks through 73,500, it is likely to further test the support at 72,000, and trading should be done in stages.
Trading strategy:
If the price rebounds to the 75,300–75,800 range, consider shorting in batches. Support below is focused on 73,800–73,500. #BTC