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Yesterday, Bitcoin attempted a breakout above the resistance but was unsuccessful, instead pulling back after being under pressure and briefly retesting 3000 points.
Currently, this position is exactly where we previously mentioned as a good area for positioning, around 76,000.
Opportunities present themselves for us to follow the trend and make arrangements; the market has been showing volatility recently.
Might as well take some action since there's nothing else to do, and recently, a short-term trade could be considered.
From a technical indicator perspective, the 4-hour level has completed a retest.
The short-term trend has already stabilized and is beginning to adjust upward.
Looking at external factors, liquidity is currently very scarce.
Without any news-driven catalysts, it’s unlikely to see a significant breakout in the near term.
It’s better to continue forming a range; a sideways market offers trading opportunities within the range.
Bitcoin trading suggestion: buy at 65,800, target 67,000.