June 16


After Bitcoin touched a key pressure level, a pullback occurred. For the mid-term, orders continue to stay in cash and take a wait-and-see approach. The current price is still relatively high, and the risk-to-reward ratio is not favorable, so you should not blindly follow with more orders. For intraday short-term trades, focus on potential shorting opportunities, and closely monitor how price behaves around 67,300. If it remains under pressure without breaking through and short signals appear, you may consider following through with a short. If there is an effective breakout, you will need to reassess the trend direction.
BTC-0.95%
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