The current Bitcoin is hovering around 1666, having dropped about 6 points, not a large move. The order ratio is slightly negative, with selling pressure slightly outweighing buying, and the market looks a bit weak. From the candlestick trend, after the recent decline, the rebound is weak, with heavy resistance around 1700-1730, and support near 1630.

Here are two trading ideas:

First, wait for a pullback to around 1630. If it holds and a sign of a trend reversal appears, take a small long position to catch a rebound, targeting 1680-1700.

Second, if it rebounds to around 1720 but cannot break higher and faces clear resistance, take a small short position to catch a pullback, targeting around 1670.

Currently, the market has no clear direction, so avoid chasing highs or selling lows. Act when the price reaches key levels. Set stop-losses properly and avoid holding large positions. #我的Gate交易时刻 $ETH