$BTC is back near $75K — but I’m NOT chasing the pump.


After a strong recovery from the $57K area, Bitcoin has printed several consecutive bullish daily candles. Momentum is clearly strong, but price is now approaching a major resistance/supply zone around $75K–$75.6K.
📌 My Trade Plan
Resistance: $75K–$75.6K
Breakout confirmation: Daily close above $75.6K + strong volume
If rejected: Wait for a pullback and confirmation before considering a short setup
If breakout holds: Look for a retest before considering a long entry
⚠️ No FOMO. No blind long. No blind short.
The best trade right now may simply be waiting for confirmation.
I’m watching price action + volume + liquidation pressure before taking a position.
Key idea:
A breakout is not confirmed just because price touches resistance. I want to see the market prove the move.
Trade with a plan. Protect your capital. 🎯
This is chart analysis, not financial advice. Always DYOR and manage risk.

#GateSquare #SummerCreationCamp #ContentMining
BTC7.80%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 views
  • Reward
  • 8
  • 1
  • Share
Comment
Add a comment
Add a comment
CrossChainMiner
· 44m ago
Your point about liquidation pressure is crucial. Looking only at the candlestick chart can easily be misleading; the liquidation bands in futures contracts often indicate the true direction. Thanks for sharing—I’ve saved it.
Reply0
LendArbitrager
· 59m ago
Not chasing the rally is the right move; wait for a pullback confirmation before deciding.
Reply0
Venüs_
· 1h ago
LFG 🔥
Reply0
Venüs_
· 1h ago
To The Moon 🌕
Reply0
RebalanceBot
· 1h ago
In fact, being out of a position and waiting is also a position. Just treat this phase as being a hunter observing its prey. Only consider going long after it holds above 75.6; otherwise, you’re just waiting to get hit.
Reply0
AntiRugPull
· 1h ago
Chasing blindly at the 75K level really isn’t advisable.
Reply0
ShibaPhilosopher
· 1h ago
A breakout requires a daily close above the level, and volume still needs to be considered. Merely touching it doesn’t count—this is a very clear-headed approach.
Reply0
AddressVerifier
· 1h ago
I can’t stand those who shout “the bull market is back” whenever prices rise and “it’s collapsing” whenever they fall. Trading means waiting for the price to speak for itself. The resistance levels and confirmation conditions you mapped out are very specific—I learned a lot. Patience is also part of position sizing.
Reply0
  • Pinned