BTC just surged to 66,324, but it was knocked back right after. This suggests there are quite a lot of sellers above 66,300-66,500, and the pressure isn’t small. MACD is sticking around the zero line, and the KDJ has also formed a dead cross. In the short term, it likely needs to grind a bit more—so for trading, don’t rush to chase highs. If it can’t hold above 66,000, you can try a small short position. If the price can drop back to the 65,500-65,000 support area and hold, then you can try a small long again. If it can’t hold 65,000, we’ll continue to look lower toward 64,000 and even 63,000. Alternatively, it’s not too late to wait for it to break through 66,300 on high volume, then add positions in line with the move. The target is around 67,000. This kind of choppy range-bound market is the most tiring—be sure to control your position size, and guard against the main force whipping the market back and forth. We’ll stay steady and wait for the opportunity.

BTC0.97%
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