In the short term, it’s still in a bullish trend—just be patient and hold. Before and around the start of the US session, there is likely to be a round of ups and downs; have your take-profit and stop-loss ready.
We opened the main BTC at 65380, and the second at 1914. Looking ahead, expect the target area to reach around 66500-1940. Set the stop-loss at 1895-65100. $BTC #Gate事件合约首发狂欢

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LendingCleric

· 07-23 14:40

Going long is fine, but there is high volatility before the US session; it’s recommended to watch the chart closely and set your stop-loss.

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ScalpArtist

· 07-23 13:59

On a daily timeframe, it’s indeed still bullish. A 4-hour pullback that doesn’t break 65,000 is strong support. However, the Gate incident may bring uncertainty—so it’s better not to take on too heavy a position, and to take profits in batches for safer handling. If “Er Bing” can hold the 1,940 resistance level, then it could move up toward 2,000.

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MarginSafe

· 07-23 13:52

Follow the thread starter’s thinking. The “big pie” 65,380+ long position is still in hand and is currently in profit. The only thing is that waiting can be a bit grinding. Before the US session, if it first pulls back to around 65,500, that would actually be an opportunity to add more. But the stop loss must be set properly—if the data turns out bearish and it gets swept out, you’d lose a lot.

The “second pie” has been trading weaker than the “big pie” lately. Entering at 1,914 is still a decent move, but breaking above 1,940 may require the “big pie” to help move first. Overall, as long as it doesn’t break 65,000, the bullish trend remains unchanged, and the target of 66,500 is likely to be reached tonight.

The thread starter’s position looks quite solid, but the take-profit and stop-loss are set a bit too tight, which may make it easier to get swept. It’s recommended to loosen them slightly.

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WalletHygiene

· 07-23 13:41

Bro, BTC is already at 65,800 now. Should we keep adding to the position, or should we wait for a pullback to enter? The 66,500 target you gave feels like it could hit tonight.

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For the midday session, the current price is recommended to continue holding; although there is a small upside space, it still hasn’t managed to reach the target area yet!

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