Has the momentum of BTC bulls already run out? Can you short now?



Over the weekend, the overall market was in a range-bound, choppy行情. If you’ve been taking short-term oscillation opportunities, you should adjust your pace now. On Monday, liquidity returns to the chart—avoid blindly going all-in betting on a one-way move, and be sure to do proper breakdown risk control.

Key range: Resistance above 65,000-65,500; support below 63,300-62,800

1. Retrace and hold the support zone: You can set up long positions around 62,800-63,500, with targets looking toward 65,000-65,500

2. Repeatedly probing the upper resistance but failing to hold effectively: You can set up short positions around 65,000-65,500, with targets looking toward 63,000-62,500

The market has tested the upper resistance multiple times. The bulls’ push momentum has clearly weakened, and the overall theme is oscillation and position-washing. Trade strictly with stop-losses and keep positions light. Wishing everyone a smooth Monday and a strong start! $BTC $ETH #LAB两日腰斩53%
BTC-0.29%
ETH-0.24%
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