$BTC For this weekend move, I’m more inclined to watch for sideways-to-bearish action first; I’m not in a hurry to bottom-pick.



I checked the current BTC order book—there’s still no clear sign of a full short-term strength recovery.

On the 4-hour timeframe, after the price pulled back from the highs, it has been repeatedly ranging around 64,000. The short-term moving averages are still clearly capping. Even though the sell-off has slowed down, the bulls haven’t regained control. The rebounds look more like repairs than a fresh start to an uptrend.

From the liquidation heatmap, there’s some support near below 64,000. But the 65,000-66,000 area has a lot of stacked overhead pressure positions. So right now, this level is actually awkward: it can’t go up, and it also can’t drop much.

On top of that, it’s the weekend—U.S. markets are closed, and overall liquidity is on the low side. In such conditions, it’s easiest to see price “needles” poking up and down. A lot of the time, chasing in can easily get you swept back and forth.

My plan is still to wait for opportunities:

If the rebound reaches the 64,500-64,800 area, you can look for short opportunities;

If you want to be steadier, wait for the 65,000-65,500 region to confirm resistance before considering.

On the downside, I’ll first watch 63,800. If it breaks, then look to 63,000. For extreme downside, pay close attention to around 62,000.

But if the 4-hour timeframe reclaims and holds above 66,000, it would indicate a change in the short-term structure—then the bearish approach needs to be adjusted again.

After trading contracts for so many years, one experience is: don’t rush on weekend trading. If the position you want hasn’t been given, just wait. I’d rather miss out on a bit of profit than get chopped up repeatedly in a range. Right now, it’s more suitable to wait for confirmation rather than blindly open positions.

$AKE $BANK $DEXE
BTC-2.16%
AKE27.54%
BANK15.70%
DEXE177.81%
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post-image
BTCUSDT
Short
Cross 200X
Return %
+485.18%
Entry Price(USDT)
65,774.6
Mark Price(USDT)
63,934.9
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