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$BTC BTC is currently around 71,615 USDT.
For me, the focus isn't on how much it has risen, but whether it's a good entry point here.
In the short term, I still lean bearish.
Right now, I mainly look at these points:
First, this wave of rally seems more like an emotional surge, and the follow-through hasn't caught up yet.
Second, the active buying isn't decisive enough; there's still a lack of momentum to break upward.
Additionally, the continuation after a spike is generally weak, making chasing long positions risky at awkward levels.
If I really want to trade, I prefer this approach: top sweep high, waterfall short / rebound to lure longs, then second waterfall short / break support to chase short.
The entry point I’ll watch: 72,188 USDT.
Estimated target price: 67,891 USDT.
Reference for stop-loss: 73,907 USDT.
Premise for invalidating this judgment: 5-minute reclaim resistance / 15-minute reclaim sweep high.
Risk-reward ratio reference: 2.50R.
Don’t rush to act if you haven't reached your desired entry point.