7.2 $BTC Market (with long/short levels): During the day, it is not recommended to chase Bitcoin long here. The pattern resembles a head and shoulders. If the price wicks to around 61000 (60900-61100), you can take a pullback. The stop loss is when the 15-minute candle closes above 61500. If the hourly line rises back above 61000, you need to watch for resistance at 62400 before going short.



Below, try to wait for a pullback to the 59000-58900 area for a bounce trade. In extreme scenarios, add positions at 583-585. The stop loss is when the hourly candle closes below the previous low of 577.

Both long and short ideas have been provided. They may not guarantee profits, so just take them as a free reference. It's also to help fellow traders avoid blindly opening positions like headless flies. $BTC
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