24-Hour Global Network $310 Million Liquidation! BTC at 65,700 Resistance Tug-of-War, Spot/Contract Precise Level Strategy, Halve Your Losses 📉



Last night, all over Gate Square were liquidation screenshots; many people holding above 66,000 long with high leverage, opening counter-trend orders and getting liquidated immediately. Is that you?

Tonight, on the eve of the Federal Reserve's FOMC meeting, the market is highly volatile. Operating recklessly without support or resistance levels can easily lead to stop-losses back and forth. Below, all analysis is based on real-time Gate market data, which can be directly used for trading reference.

1. Precise Market Data on June 17

1. BTC current price: 65,700 USDT, down 0.9% in 24 hours, fluctuating widely between 65,000 and 66,800 all day

2. Key short-term levels
First support: 64,000 USDT; Strong support watershed: 63,300 USDT (200-week moving average key bottom)
First resistance: 67,000 USDT; Strong resistance: 68,500 USDT, only breaking above can restore to 70,000 level

3. Total liquidation data: In the past 24 hours, total liquidation amount across the network was $310 million, with both longs and shorts being liquidated; 87% of liquidated traders were high-leverage contract users

4. Market sentiment: Fear and Greed Index at 20, in extreme fear zone. Historical data shows that mid-range positioning in this zone greatly improves success rate

5. Macro key event: Tonight, the Federal Reserve's FOMC meeting, with the dot plot directly determining BTC's short-term price movement, will cause ongoing volatility

6. Capital flow: US BTC spot ETF has experienced net outflows for several days, indicating weak short-term buying interest, mainly consolidating and bottoming

2. Low-Risk Partial Deployment on Gate Spot

1. First buy-in: Price dips to support at 64,000 USDT, entering with 30% of total capital; short-term rebound to 66,500 USDT can be used to reduce position and arbitrage

2. Second addition: Effective dip to strong support at 63,300 USDT, add another 20% of position, strictly control total position within 50%, never go all-in

3. Risk control exit: If it effectively breaks below 63,300 and cannot recover within 30 minutes, reduce position unconditionally to avoid risk. Next support below is 61,000 USDT
Logic: In extreme fear, avoid full position at once; scale in to average costs, hold mid-term chips, suitable for long-term hodlers.

3. Steady Operation of BTC Perpetual Contracts

⚠️ Contract leverage limited to within 10x, prohibit over 20x heavy positions to avoid mass liquidations

1. Short-term high short idea: Rebound to 66,800-67,000 resistance zone, try short with small size, stop-loss above 67,300 (300 points), target 64,500-64,000

2. Short-term low long idea: Dip to support at 64,000, bullish candle can go long small size, stop-loss at 63,700, take profit near 66,000

3. Strict trading rules: When profit reaches 5% on a single trade, immediately halve the position; never hold overnight positions; reduce risk before tonight's rate decision

4. Pitfall reminder: In unidirectional oscillation, avoid frequent dual-direction trading, as it easily triggers stop-losses back and forth. Hold only one direction at a time.

4. Three Deadly Mistakes 90% of Traders Make Today

1. Holding through declines without stop-loss, adding more longs as it falls; 70% of the $420 million liquidation last night was long positions held through the drop

2. Ignoring Fed rate hike risks, full leverage overnight positions, making it easy for news to trigger stop-losses

3. Blindly following price points without analysis, chasing longs on rises, chasing shorts on dips, perfectly missing the high and low points

Comment below: In the 64,000-67,000 range today, did you lose from longs or get trapped in shorts?

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