7.18 BTC trading plan


Enter around 63,850–64,150; stop loss at 64,350.
Target around 63,650.
Today, option expiration pressure capped the market, and price action is fluctuating within a narrow range; long and short positions are relatively balanced. The 63,000 support holds effectively, while the 64,500 resistance is under pressure. The macro outlook is overall bearish; institutional funds have slightly flowed back. In the short term, expect mostly box-range (range-bound) trading with no clear one-way trend. In terms of execution, strictly control position size, don’t chase after pumps or sell into dumps, and wait for a breakout from the range before following the momentum. $BTC
BTC1.14%
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AnchorWrapped
· 11h ago
The analysis is very clear; in a choppy market, you can only wait for the direction with a light position.
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