Bitcoin's current position, no liquidity, the long squeeze has just ended, and it needs to accumulate chips before choosing a direction. In terms of strategy, simply put, only short on highs. Two approaches as follows:



First: if it breaks below 59600 again, directly short at market price without hesitation; stop loss set at the false breakout high of 60900. If it hits that, it means the washout isn't over.

Second: place a limit sell order at 61500, add to the position at 62300, keeping the average price around 61900, with a stop loss at 63550. The target for both approaches is to break below 58200 and then hold until below 54000.
BTC1.52%
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