Bitcoin Short-term Morning Analysis


Entry: Pull back to around 64,300 to buy
Target Range: Target (1) 64,700—64,900 (take partial profits early)
Target (2) 65,000—65,500 (breakthrough first, then hold remaining positions for potential gains)
Stop-loss: 63,900
II. Market Structure Analysis
Market Trend Structure: The market dips to 62,958.59, then quickly reverses and rises. The low-end momentum is exhausted, and the short-term trend shifts from weak to strong; during the rally, the price stabilizes above the upper Bollinger band, with continuous buy support below, and the momentum has no ability to return to the low zone.
Support and Resistance: Above, at around 64,823.52, there is minor selling pressure, but it only slows the upward speed and cannot reverse the short-term bullish pattern; technical indicators' bullish signals are gradually strengthening, and the short-term bullish dominates the market structure.
Trading Strategy: Prioritize buying on dips at support levels within the day, aiming to capitalize on the rebound and upward trend.
III. Market Risk Reminder
This rally is only a short-term rebound after a decline; the medium to long-term macro cycle remains bearish. Short-term bullish signals must be strictly controlled with stop-losses to prevent a further plunge below lows, which could lead to losses from being trapped. #BTC
BTC-0.12%
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