Right now $BTC is hovering close to 68,216 USDT.


For me the real question is whether this is a good place to act at all.

If I have to pick a side, I lean toward: range first, then another push higher
Here is why I say that:
First, price is consolidating without a real breakdown yet
Second, the trend structure still looks cleaner than many weaker charts
And one more thing: If 5m reclaims key resistance or 15m reclaims the sweep high, the short thesis is damaged.

Suggested entry: 67,671 USDT
First target I would watch: 71,764 USDT
Level where the idea is wrong: 66,034 USDT
Biggest risk here: buyers failing at the next resistance

If you had to act here, would you lean long, short, or just wait?
BTC-1,82%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin