Early Morning Thoughts on BTC



Operation:
Take long positions around 635-630
First target 640-645
Second target above 655
Set stop-loss

BTC's trend structure remains unchanged; the sharp drop is a violent washout during an uptrend, not a trend reversal.
After price retraced to the key support zone, buying demand was evident. Short-term oversold signals triggered technical repair demand, while downward momentum shows signs of phased exhaustion. The balance of power between bulls and bears is undergoing a subtle shift.
Adhere to the strategy of buying dips along the trend; do not chase shorts. Wait patiently for signs of stabilization and rebound before entering, and avoid blindly guessing bottoms amid violent fluctuations.
If the key support line is effectively broken, it means the "washout" logic is invalidated, and you must decisively admit your judgment error and exit to watch. Before such a signal appears, maintain the strategy of buying on dips. $BTC #GT二季度销毁257万枚
BTC-0.20%
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