Currently in a technical correction after an oversold condition, short-term rebound is needed, but the overall major trend remains bearish. Only engage in short-term rebounds and quick in-and-out trades.
- Long entry logic: Stabilization after a decline, moderate increase in volume, weakening of the bearish momentum
- Entry zone: 66,000–66,500 in batches
- Stop-loss for defense: Below 65,600
- First target: 66,800 (reduce position by 50%)
- Second target: 67,200 (decisively exit all positions)
- Trading principles: Participate with a light position, take profits when the opportunity arises, avoid stubborn battles, and do not hold onto losing positions$BTC
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Currently in a technical correction after an oversold condition, short-term rebound is needed, but the overall major trend remains bearish. Only engage in short-term rebounds and quick in-and-out trades.
- Long entry logic: Stabilization after a decline, moderate increase in volume, weakening of the bearish momentum
- Entry zone: 66,000–66,500 in batches
- Stop-loss for defense: Below 65,600
- First target: 66,800 (reduce position by 50%)
- Second target: 67,200 (decisively exit all positions)
- Trading principles: Participate with a light position, take profits when the opportunity arises, avoid stubborn battles, and do not hold onto losing positions$BTC