BTC’s 1-hour chart touched 66,926 and then fell continuously; the current price is 65,668, facing resistance from the MA(30) moving average. Combined with worsening expectations of Fed rate hikes and macro headwinds such as an ETF net outflow of $225 million. Strategy: bounce back to sell in batches short between 65,300 and 65,600, stop loss at 66,050, first target at 64,700, second target at 64,400. Act accordingly to the trend. $BTC

BTC-1.10%
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RoyaltySentinel
· 18m ago
ETF outflows of more than 200 million are definitely frightening—market sentiment has been fragile to begin with. At times like this, the shorting win rate may be higher, but don’t get greedy. Once your first target is hit, run.
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ChatDirector
· 48m ago
The drop-from point of 66,926 in your chart is pretty interesting. If it bounces back near 65,500, I’ll add to a short position, with a stop loss at 66,100, betting on an accelerated downward move.
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Stop-LossAtTheEdgeOfTheLava
· 1h ago
This strategy looks pretty steady, but the moment the Fed over there calls for a rate hike, BTC immediately backs off. It feels like this short side can still take another round.
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CapitalManager
· 1h ago
Every time I see posts like this, I get a headache—moving averages, support levels, and all that. Anyway, just follow the guys who shout out trade calls and charge in. If it goes wrong, don’t blame me for roasting you.
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