The current market is clearly dominated by sentiment, with escalating tensions in the Middle East triggering panic selling. Bitcoin once sharply dropped to around 63,000. After a night of recovery, it regained the 67,000 level, but this is more of an oversold rebound rather than a trend reversal.



Today's strategy remains focused on short-term rebounds and selling high.

Watch for a phased short position around 67,500–68,000. If the market rises, consider adding to short positions near 68,500, with a stop above 69,000.

Initial support targets are 66,000; if broken, look at 65,000. In extreme cases, monitor for a second test of 63,000.

Do not chase longs in this rhythm. Be patient, wait for rebounds to resistance levels before acting, control your position size, and trade quickly in and out.
BTC3,58%
View Original
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)