$BTC BTC — is this about to kick off a new bull-run phase?

Over the past period, even though BTC keeps pulling back after each rebound, the pullback levels have been gradually moving higher— from 61,200 to 61,800, then to around 62,500, and this time the retracement has already reached about 63,600. This suggests the bottom is continually being raised, so the trading approach remains the same as before: focus on longs as the main play, with shorts as secondary.

This afternoon, BTC’s trading plan is as follows:

1. Right-side trading

· Long entry condition: If BTC breaks 65,541 with increased volume, then chase a long;
Confirmation signal: the hourly K-line close remains stable above 65,600;
Targets: 66,200—66,600.
· Short entry condition: If BTC breaks 64,640 with increased volume, then chase a short;
Confirmation signal: the hourly K-line close falls below 64,474;
Targets: 63,860—63,170.

2. Left-side trading

· Longs can be considered in batches within the 63,860—63,300 range;
· Shorts can be considered in batches within the 66,200—66,600 range.

3. Battleground zone
In the 64,300—64,650 range, you can try to trade longs in a range-bound bet.

At the moment, BTC has returned to the upward channel, and 64,640 is a very critical level. During the early morning hours, the price kept ranging around that point without breaking below it. Instead, using it as a starting point, BTC broke out to 64,852 on increased volume and kept moving upward. The key resistance level overhead is 65,541. It failed to break earlier in the morning due to insufficient volume, and then a pullback occurred. Right now, the price is moving within the 65,541—64,852 range. Therefore, if BTC retraces to around 64,650, you can consider a long setup for a range-betting trade, using a small stop-loss or a light position only.

The above strategies and key levels are for reference only; specific actions should be based on real-time market conditions.