Today’s early-morning BTC outlook

Operations:
Around 648-643, do the move (“duo”).
First target: 652-657
Second target: 660-665

If you want to short: on a BTC rebound to around 660, lightly carry an empty position; entry price at 665; the target is to watch 650.
Keep your stop loss at 665.

Currently, BTC’s short-term trend has officially switched to a bearish structure. The four-hour MACD has a confirmed dead cross; bullish momentum is clearly fading. RSI has fallen from its high to a neutral-to-weak area, and buying pressure is insufficient. If the price rebounds to around the Bollinger upper band, it will likely face heavy selling pressure—this is a reasonable time to set up short positions. Downside, the key thing to watch first is support around the middle band; once there is an effective breakdown, further downside room will open up toward the lower band.

In terms of trading, stick to the “sell the rebound at high levels” approach. The stop loss must be set above the upper band to guard against the risk of a fake breakout. The market is frequently choppy right now, and there is a high risk of wick/pin moves—so you must trade with a light position size for tests, keep strict stop losses, don’t chase shorts, don’t go in heavy, and wait patiently for a signal that the rebound is under pressure before entering. $BTC #直通IPO第二期JerseyMikes