BTC rebounded from the 67700 low to around 71000, forming a double bottom structure with short-term moving averages in bullish alignment. It is recommended to establish long positions around 70300, with a stop loss at 69700 and target levels at 71780/72400/73200, with a risk-reward ratio of approximately 2.8. The key observation point is whether it can break through the previous high of 71800; if it breaks through, the rebound space opens up.
BTC Trading Idea
BTC rebounded from the 67700 low to around 71000, forming a double bottom structure with short-term moving averages in bullish alignment. It is recommended to establish long positions around 70300, with a stop loss at 69700 and target levels at 71780/72400/73200, with a risk-reward ratio of approximately 2.8. The key observation point is whether it can break through the previous high of 71800; if it breaks through, the rebound space opens up.