$BTC Why do I dare to enter around 62,000 for this dip-buy?



Recently, BTC’s price action has really tested patience.

Earlier on, the price repeatedly ranged and oscillated from the low end. The market kept failing to find a clear direction, and many people started doubting the move whenever it went sideways. But in trading, the truly comfortable entries are often not chasing breakouts—it’s finding opportunities when the market is panicking and the price pulls back.

This BTC long position was built around 62,025 with 200x leverage. The current price is around 64,611, and the profit has already reached about 724%.

From the 4-hour chart, after BTC pulled back to around 61,280, there was clear absorption. Then it rebounded quickly and reclaimed above 64,000. The current price is approaching the resistance zone near 65,500. In the short term it’s relatively strong, but you still need to watch the breakout strength.

Many people like to wait until the price rises and then confirm the trend—but by that time, you often miss the most comfortable entry. Observing support early and waiting for capital to flow back—that’s the more important rhythm in trading.

Of course, in high-leverage conditions, risk control is still the top priority. Once profits come out, protect them in time and don’t let gains turn back into losses.

For now, I’ll just see whether the market can continue to break the resistance level. If capital continues to hold and absorb, BTC still has room to move higher. As a trader, patience in waiting for opportunities matters more than chasing rallies and panic-selling every day. $ETH $ALLO #ETH站稳1900美元
BTC-1.18%
ETH0.13%
ALLO8.10%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned