BTC Big Pie (Bitcoin) Today’s Plan



Yesterday, BTC surged high and then pulled back. It reached around 66,900 at the peak. Then, influenced by market sentiment and news factors, it retraced, with the low coming to around 64,600.

From the chart, the short-term structure has already weakened. After the earlier rise, the high-range consolidation failed to continue breaking out. Instead, it broke below the 65,000 level, indicating that selling pressure still exists overhead.

The market is currently in a consolidation-and-repair phase, so it’s not suitable to blindly chase upward.

Today’s plan:

Watch the 65,300–65,500 resistance area above.

If the price rebounds to the resistance area but cannot break through effectively, you can consider short opportunities.

Watch the 64,600–64,800 support area below.

If the price retests the support area and then stabilizes, you can consider a long opportunity at the low end.

The overall idea can be summed up in one sentence:

Don’t chase—wait for the right level.

Rebounds look at resistance, pullbacks look at support.

Yesterday’s move was actually fairly typical: the rebound resistance idea given in the early session was followed by a sell-off under pressure at the highs, and the short setup direction was validated.

But the market won’t run in only one direction forever. After it drops, you also need to watch the strength of the bids coming in from below.

At present, BTC is more in a range-bound consolidation rhythm. Before a true breakout, patience is needed to wait for opportunities at key levels.

The market fluctuates every day, but not every fluctuation needs to be traded.

Planning your levels matters more than blindly guessing price up or down.$BTC #布伦特原油重返100美元
BTC-1.58%
View Original
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