The rebound is here! Will Bitcoin still rise? Short crude oil? Let’s talk about current moves.



First, Bitcoin: around 63.7k, the major support rebounded as expected—no surprise. Right now, the smaller resistance is close to 65k. Congratulations on the profits—if you’re holding a long, you can consider taking profit on the way up. So the question is: can you flip and short here?

You can try, but the cost-performance isn’t great. Bitcoin at 65k has some minor resistance. It’s reasonable to grab a small pullback near here, but the “meat” isn’t much—so the setup’s just average. For shorting, I’d rather wait to short around 65.7k and near the prior high of 67k, where there are stronger resistance levels. In that case, a pullback of about 1,000 points offers a higher chance of success.

For going long, the support above 63.5k—such as 63.7k—still allows for one more long entry. Once it reaches there, you can try. But it’s the same old rule: if you enter long for the second time at the same level, you should use only a small position size—the most stable entry is when it comes there the first time.

Also, there’s good news for crude oil CLUSDT: it crashed from 94 to 85, a full drop of 10%. So if you shorted at any price before, you should have made a lot of profit. With a rebound, you can still continue to set up long-term short positions. #比特币$BTC $比特币$
BTC-2.66%
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L2StrayCat
· 14h ago
Crude oil’s plunge this round is too intense. The brothers who shorted earlier must be feeling great, but if you short again after the rebound, be careful—keep your position sizing under control and don’t get carried away.
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WhaleWatcher
· 15h ago
The analysis is very on point. The long positions around 6.37 were taken profit on, but now I really don’t dare to chase longs—I'll wait for a pullback and then consider.
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