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Crypto Star Bro Says|BTC 0724 Daily Trade Recap
Today’s BTC trade mainly focused on the rebound rhythm after a pullback.
Last night, BTC fell quickly due to market sentiment, hitting a low near 64,600. After the drop, many people’s first reaction was to keep thinking bearish.
But looking at the order book, after it dropped, it didn’t continue to break down with increased volume—instead, there was clear support around 65,000.
Around 11 a.m., BTC pulled back to around 65,000.
This is also the area I am focused on today.
I didn’t choose to keep chasing short positions; instead, I waited for price to pull back and confirm, then opened long positions around 65,000.
After that, the market started to rebound. Price climbed all the way to around 65,700, completing this round of profit taking.
This trade isn’t complicated at all.
The key isn’t guessing the absolute low point, but seeing:
Whether there’s capital coming in after the drop;
Whether the key level shows a reaction.
A common mistake people make in trading is this: when price is rising, they’re afraid of missing the move (chasing upward), but when it falls, they also want to keep chasing the sell-off.
However, truly comfortable trading is often about waiting patiently for opportunities after the market gives you the key levels.
Today, BTC moved from around 65,000 to around 65,700. This profit came from judging the support area and executing the plan.
The market won’t have big swings every day, but as long as you wait for the levels you’re familiar with, opportunities will always show up. $BTC