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📝Only record my own thoughts and my own growth; I do not provide any trading operation suggestions.
Next step for Bitcoin: short 🈳 long; you can also take a bearish view, but don’t short—only go long. Every pullback is an opportunity to enter. Don’t enter at the middle position.
If you must enter at the middle, then go with the trend—take a short-long setup, take profit and exit once you have profits. In the short term, you may not need to stop losses.
📝If it doesn’t break the new low, then this is the best buy point for long positions at the bottom.
The 1-hour consolidation and bottoming phase has been completed. ✅Buying point— the trough on the 4-hour line, which is also the 1-hour retracement support point. Recent buy point: around 58500-59500.
Short-term profit target 1: 【.62350-65500.】
【Entry point: around 58500-59500; be sure to wait patiently】
Target 2: 【67000-75000】