BTC climbed from 61,800 to 67,150 in one go, with a short-term gain of nearly 9%. But 67,150 couldn’t be broken through after three attempts—high levels kept closing red and slipping. On day 11 of the US-Iran conflict, oil prices surged to a six-week high; ETFs saw net inflows for 6 straight days, totaling about $1 billion. Longs and shorts have stalled here. No side-picking—wait for direction; whoever wins, you follow.

Watch these two levels

Key above: 66,800-67,150, the weekly high at 67,150. Break and hold = bulls continue, targeting 68,000-69,000

Key below: 65,200-65,500. Support is the short-term rising trendline; if it breaks, bears take over, targeting 64,500-64,000

Long/short logic

Reasons to go long:
① On the 1-hour chart, after a dip near 61,800, price repeatedly reclaimed the moving averages; higher lows keep forming, and the uptrend structure is intact
② Bitcoin spot ETFs have had 6 consecutive days of net inflows, totaling about $1 billion; BlackRock’s IBIT and Fidelity’s FBTC continue to lead
③ The probability of a July Fed rate hike has dropped sharply; the CLARITY Act has made substantial progress, boosting institutional confidence

Reasons to go short:
① After pushing up to 67,150, the 1-hour chart has kept closing red; RSI turns down from the overbought zone, showing clear weakening in bulls
② Day 11 of the US-Iran conflict; oil prices hit a six-week high, and inflation worries suppress risk appetite
③ 67,000-67,500 is a prior dense trapped-liquidity zone; a huge amount of trapped positions is waiting to get out, and sell pressure is heavy

What do I do?

Breakout to go long: If price rises with volume and holds above 66,800-67,150, chase long; stop loss below 66,000; targets 68,000-69,000.
Breakdown to go short: If there’s an effective breakdown below 65,200-65,500, short on confirmation; stop loss above 66,000; targets 64,500-64,000.
Middle zone: Do nothing between 65,500-66,800—wait for direction confirmation before acting.

Long/short showdown—if you pick the wrong side, you’re the buyer of the loss. Real hunters always wait for the prey to tip to one side on its own before pulling the trigger. $BTC ‌