Today’s early-morning BTC outlook



Trading plan:
On the rebound around 653-558, place orders
First target: 548-543
Second target: 540-535
Set a stop-loss

BTC’s overall short trend is clear. Recent swing highs have been stepping lower, and this rebound is only a corrective leg within the downtrend. Near the upper middle-band pressure zone, price repeatedly tests the area but struggles to hold above it, and bullish counterattack momentum is clearly weakening. On the four-hour timeframe, indicators remain aligned bearishly. After the rebound hits resistance, it turns back down, and selling pressure continues to accumulate. There is considerable uncertainty in the news backdrop, and the macro environment is also pressuring risk assets, causing safe-haven sentiment to heat up. For execution, base your light short positions on the upper pressure zone and watch the key support area below. If price effectively breaks through the resistance, you must exit in time. Current volatility is relatively high—strictly control position sizing to guard against sudden spike-through wick moves and avoid heavy-position speculation $BTC #Gate事件合约首发狂欢
BTC-0.45%
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