$BTC After a week of twists and turns, back to 66,000! The first choice is to buy on multiple bands!


Yesterday, Sister Luo analyzed that it is not recommended to chase higher, as the higher levels have better risk-reward, because at 10 o'clock today there will be a small positive interest rate hike data release, plus last night Bitcoin rose to 67,255 without breaking the 67,500 resistance level, and the three factors together confirm the upward direction.
Currently, it is consolidating sideways in the short term, fluctuating up and down to find support and resistance levels. There will be significant volatility before the US stock market opens, combined with recent positive news for Iran and the US. Sister Luo leans toward short-term bullishness intraday.
Therefore, Sister Luo recommends the following operations:
Buy on dips around 65,500-66,000 for a swing, targeting 67,000.
Correspondingly, buy Ethereum around 1,750-1,760, targeting 1,825.
Within today, long positions should either take profits or protect capital; tomorrow, the Federal Reserve will also hold a meeting to decide whether to raise interest rates, and volatility will be high. If they hike rates, the two major central banks tightening simultaneously, long positions will be risky.
BTC-1.28%
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