Tong Ge 6.5BTC Strategy

$BTC Rebound near 638-642 to enter the market, stop above 647, first target at 625, second target below 610.

Right now, this position is very awkward. It’s not support; it’s a vacuum zone where even the bulls are watching cautiously. The current support is at the 60k integer level, with resistance around 650. The price is stuck in the middle, neither up nor down, just wasting time, waiting for the next wave of liquidity to enter and choose a direction. And in a trending consolidation, 90% of the outcomes are a continuation of the original trend. This is a lesson learned by seasoned traders exchanging real money.

Look at the hourly chart structure: each rebound high point is moving lower—647, 643, 639—each lower than the last. This isn’t a bottoming process; it’s a standard descending trend stepping down. The bottom is formed, not guessed. The true bottom will cause the market to repeatedly fail to break through certain levels, confirm the range multiple times, and accompany volume-increased reversals. None of these conditions are met now. If you tell me the bottom is in, Tong Ge can only reply: Don’t be fooled by candlestick patterns.
Today’s strategy remains the same: wait for the rebound to reach resistance before acting, don’t chase the market. Trading isn’t about who can rush in the fastest; it’s about who can survive the longest. Wait when you need to wait, and don’t hesitate when it’s time to act—that’s enough.