Morning analysis: Previously, Bitcoin surged to 67,270 due to geopolitical favorable catalysts, then faced resistance and pulled back, falling slightly above 66,000 without breaking the level. Currently, the trend strength is weakening, momentum is diminishing, and the market is leaning more towards technical reversion.

Pure technical indicator box calculation: 4H 61,900-67,399
1H upper band 67,485, middle 66,371, lower 65,300
Short-term market structure: Weak bullish trend

Based on the current candlestick chart, there is support around 66,200 after resistance, but the market can go either way, and the next move is uncertain. It’s best to stay on the sidelines.

Bullish: Build positions between 66,000-66,300, defend if it breaks below 66,000.
Bearish: If it breaks below 66,000 and retests are unstable, go short again 🈳 with a stop loss at 66,500.

Take profit points depend on your trading style; profit-taking effectiveness depends on your entry points and your conviction in the trend. Often, when you buy in, the market doesn’t immediately develop as expected, which can cause doubt.

My personal approach: I’ve already passed the 66,000 long entry point and will not enter again. If it retests 67,200 as expected, I prefer short positions at the strong resistance level.

If a breakdown occurs, chasing 🈳 is more operable.