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There are many ways to make money, but the methods of liquidation are quite similar. Heavy leverage, increasing positions on floating profits, chasing rallies and selling dips. So when extreme market conditions arrive, be patient and wait. Review history, find similar market situations, then plan your trades, and develop a trading plan.
By analyzing historical trends, this small cycle of Bitcoin is very likely to drop near 62,800 before experiencing a daily-level rebound, with the rebound target roughly around 69,000 to 71,000, followed by a series of continuous oscillations.
My trading plan is to go long at 62,800, then take profit around 68,000. #分享美股交易赢英伟达股票 $BTC #BTC触底66000
📊 Trading Strategy:
1. Enter short positions after a rebound near 68,000 gets resisted.
2. Enter short positions after clearly breaking below 65,000.
Today’s Market Analysis ❤️
Congratulations to all the friends who followed CoCo’s footsteps near the 80k level to enter short positions and profit! This overall decline has at least yielded ten thousand points in profit! So, when the price stabilizes after dropping to 66,000, it does not indicate a buying opportunity; instead, focus on whether the subsequent rebound can form a structural reversal. If it stabilizes above 6.8, there is a chance to go long; otherwise, it’s a high shorting moment. Additionally, since the funding rate remains positive, maintain a bearish outlook for the day.