BTC Trend Analysis: Bullish Momentum Encounters Key Resistance, Avoid Chasing High



Currently, BTC maintains a strong upward structure, with the price reaching a critical resistance zone. It is not advisable to chase the high in the short term; focus on watching and accumulating on dips.
Core Signals

- Bullish Trend Confirmed: MACD remains above zero line in a bullish zone, with a net capital inflow of +27.33 million USD, indicating active buying pressure.
- Resistance Approaching: Price approaching the strong resistance zone of 68,000–68,500, with upward momentum facing tests.
Key Price Levels

- Strong Resistance: 68,000–68,500 (a valid volume breakout is needed to open a new upward space)
- Short-term Support: 67,500
- Key Bull-Bear Boundary: 67,000
Trading Strategy

1. For Holders
Move stop-loss below 67,000 to lock in profits;
Consider partial profit-taking if approaching the 68,000–68,500 resistance zone.
2. For Observers
Strictly avoid chasing high at elevated levels to prevent being caught in a pullback.
- Buying on Dips: Accumulate on dips after stabilizing around 67,500–67,000
- Breakout Opportunity: Confirm volume support and stabilize above 68,500 before following the trend.
Summary

The medium-term trend remains bullish, but the short-term position is relatively high with increased risks.
Focus on waiting for dips to buy, and closely monitor the effectiveness of the 67,000 support and the breakout of the 68,000–68,500 resistance zone. Do not chase the market blindly.
BTC-1,73%
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