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2026.7.3 2:00 AM BTC Market Analysis #BTC
As mentioned last night, waiting to go short at 61800-62100 gave a maximum profit of about 1000 points. Remember to reduce positions and set a break-even stop loss. This wave of BTC started going long from 58300 and has now reached 62000. If you still have positions and have reduced some, you can take profit on most of them.
Currently, it is clearly a bullish trend, having broken through the long-short battle line. You can go long on pullbacks. If it drops to 59500-58500, you can still enter. For the top, you can enter with a smaller position, while for the bottom, enter normally with a stop loss. If the top at the red line I marked, which is tonight's high, cannot be broken, patiently wait for a pullback. At 63200-63400 and 64000-64300, you can still wait to go short. If there is a pullback profit, remember to reduce positions and defend the cost. The key is to focus on the 65600-66000 area, a position where you can bet on a short.