Today’s morning BTC outlook



Trading Plan:
Sell short on the rebound around 628-633.
First target: 623-620
Second target: 618-613
Set your stop-loss properly.

BTC rebounds to the vicinity of the Bollinger middle band and is clearly under pressure. Repeated attempts to push higher fail; the MACD red histogram continues to contract, and the RSI falls back from the midline. Bullish pushing momentum has significantly weakened. However, there is genuine buy support underneath, so chasing a short directly carries higher risk. In terms of execution, stay patient—wait for the price to rebound back into the overhead pressure zone, and only enter the short position after a failed push is followed by a stall/range-bound signal. The downside is expected to be mainly a choppy, slightly bearish drift. Focus on how support in the lower, densely traded area is being held or consumed. Once there is an effective breakdown, the room for further pullback will open up. $BTC #PreIPOs第二期OpenAI认购
BTC-0.98%
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Nouman478
· 1h ago
Best of Luck!
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