October 24

Important Support and Resistance Levels:

- 66,000 is an important psychological level

- Daily VWAP (Volume Weighted Average Price) as an important reference line

- Naked point of control on the daily chart as support

- Multiple naked point of control overlaps around 65,715 and 66,312, forming an important support area

- Weekly naked point of control is also an important reference level

- Value Area Low from the Volume Profile is also an important support level

Trading Strategy:

- Currently near point of control, trading in this area is not recommended as it is a high-volume area with greater volatility

- Long Strategy: Wait for a false breakout around 66,200 and then pull back, confirm support before entering long

- Short Strategy: Wait for price to reach higher area CC point (specific value not provided), enter short if a false breakout pattern appears

- It is recommended to trade at both ends of the value area, rather than in the middle area

- If a breakout of the high point is confirmed, it may continue to rise towards 70,000

3. Market View:

- Currently, Bitcoin still shows weakness without displaying obvious strength

- Mentioned that the trends of ES (S&P 500 Futures) and NQ (Nasdaq Futures) have significant impacts on Bitcoin

- The previous day at 7:30, ES and NQ hit support and rebounded, driving Bitcoin's rebound

- It is suggested to observe the breakout of Session VWAP, which is an important indicator for judging intraday strength

- Reminder to pay attention to the potential formation of a Gartley pattern (a harmonic pattern)

- Overall, leaning towards bearish, but reminder to change view promptly after breaking important resistance levels, do not stubbornly hold onto short positions