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Let's talk about today's trading:
In a tense market, it's better to step back and wait for the right moment.
$BTC
Currently, BTC is stuck between two liquidity zones, lacking enough momentum to break through:
Above 69K-70K is a clear short liquidation zone, while below 66K-65K remains a support zone for retests.
From a structural perspective, the daily chart is still in a bearish trend, the 4H is just a rebound correction, and the 1H is in a high-level consolidation, so it's not time to confirm a reversal yet.
Today's approach can only be:
In the mid-term, avoid chasing longs around 68K, wait for the price to test 69K-70K and see if there's a bullish push to reverse into a short opportunity;
If a short setup appears, first watch 67.2K, then look at the absorption/support zone around 66K-65K for retests.
Overall:
The current position is somewhat in the middle, with only short-term high-risk long chasing or dip-buying opportunities. There is a need to clear out above and a retest/support zone below, but the overall trend remains a bearish structure within a rebound, so be patient and wait for the right moment.