Looking back at Friday morning’s BTC trend, it perfectly followed the operating rhythm we planned in advance. After the price pushed up to the 65,390 level, it immediately turned and headed lower, with the lowest pullback reaching 63,835.
In the early session, we clearly instructed everyone to set up short positions around 65,000. The target was the 63,800 area. The market showed not the slightest hesitation—after that, it immediately captured the 1,000-point downside space. Students who followed the plan, held their positions, and took profits this time truly locked in their gains.
In crypto trading, understanding the market direction is only the baseline. The key to widening the gap in returns is strict execution of entry levels, holding through fluctuations, and sticking to your positions. If you didn’t catch this opportunity, there’s no need to worry. Going forward, we’ll continue to closely watch signals on the screen and wait for the next round of clear, high-certainty opportunities.
From a technical perspective, after BTC’s recent slow grind higher, the late-session long upper-wick and probe pin have already shown that bullish momentum is insufficient. When the price touched the Bollinger middle band, it met pressure; at the same time, short-term pullback needs have been constantly building up. Although the moving averages still keep an open, expanding structure, trading volume can’t keep up with the pace of the rise, and there’s no volume-backed rally support.
On the four-hour timeframe, BTC has repeatedly tested the Bollinger upper band and each time met resistance and pulled back. Here, a solid and strong resistance has already formed. Going forward, the focus is to watch for a strong bearish candle closing signal; once it forms, the upward channel will be broken, leading to a wave-like pullback. In the near term, there isn’t enough consolidation to absorb the pressure, so the probability of a deep, sharp drop is relatively low. The best approach right now is to sell shorts on rallies by leaning on the highs.
Trading suggestion: short around 64,200–64,800, aiming down toward 63,000–62,400. If it breaks below 61,500, defense should be determined based on your own position size.
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