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$BTC Intraday Market Analysis:
65700-65300 is today’s key support. If it does not break, the 4-hour rebound will continue—watch for a second push up to 67500. If it rises to 67500-68000, you can short there; steadily wait for 69000-70000. If it breaks below 65300, the rebound ends, and it may spike into 64000-63600; if it falls to this range, you can consider buying low and going long.
Direction:
Short-term is biased bullish (provided support remains valid), while the medium-term is still bearish, and there is dense resistance above 67500. The current 4-hour RSI is near overbought, so chasing longs is high risk; the main strategy is to short on rebounds.
Mig Personal Trading Suggestions:
Long lightly near 65500 after it holds on the retest, stop loss at 64800, target 67500.
Short under pressure in 67500-68000, stop loss at 68500, target 65500-64000.
If it breaks below 65300, wait to go long near 63600.
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