Tong Ge 6.4 BTC Strategy

$BTC Enter near 646-651, stop loss above 656,
First target 62,000, second target 60,000.

The long position in the morning was stopped out, which is normal in this market environment; just accept the loss and exit. But a stop loss doesn’t mean the direction is wrong; the overall trend remains unchanged.

Bitcoin dropped from 67,400 all the way down to 61,344, a decline of over 6,000 points in a short period. Now it’s rebounding around 64,000, which is essentially a technical correction after the decline. It hasn't even firmly established above the key resistance zone, let alone indicating a reversal.

Many people start shouting “bull market is back” as soon as it rises, and panic sell when it drops. True trading isn’t about emotions but about structure. Currently, whether it’s capital flow or market sentiment, there’s no sign of large-scale bottom-fishing funds entering. The liquidity gap below 62,000 still exists.

In my view, this rebound is more like the main players giving those who bought the dip a chance to re-enter, rather than the start of a new rally.
The direction hasn’t changed, the strategy hasn’t changed.

Look for a good entry point during the rebound, and patiently wait for the market to give an answer.