5/7 BTC Strategy



Bullish Approach (Main Strategy):

Don’t chase shorts: Although the 1-hour chart is declining, the daily support is strong, and retail traders are generally bearish. Chasing shorts at this time is likely to be caught by a rebound.

Buying opportunity on dips: Watch for price to retest the 80,300 - 80,500 area. If a 15-minute level of support signals (such as a long lower shadow or small bullish candle) appear at this level, it’s an excellent short-term long entry point.

Stop loss: If the price effectively breaks below the 80,000 integer level, the short-term momentum weakens, and a stop loss and wait approach is recommended.

Bearish Approach (Secondary Strategy):

Only suitable for very short-term trades. If the price rebounds to around 81,300 and faces resistance (unable to go higher), consider a light short position, expecting a pullback to 80,800.

One sentence:
Currently in a “rally continuation” correction phase. As long as 80,300 holds, there’s a high probability of challenging the previous high of 82,787 later.
BTC-1.65%
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