Often the wrong start is when you want to catch a pullback. Yesterday's view was to short the pullback with a loss of 1%, the long position has reached its target, no chasing at high levels, let's wait for #BTC触及7W #BTC可以站稳7W吗 #鄂B炒家

The morning Bitcoin pullback strategy at 68300 short position did not provide an entry opportunity, so we can set up a long position at this lower level. Continue to maintain last week's perspective.

The morning market is shown in the figure below, where the price touched the upper trend line of the downward channel and was suppressed downwards, reaching a low of 67588. It was supported by the four smaller levels of BBI, and the price may experience a slight rebound. If it tests the morning strategy of 68300 again, we can execute it once more with a small loss (1%). From the daily level, Bitcoin still has some upward space. Pay attention to the two key levels below, 66100 and 65500, as shown in the figure below, which is where we set up the long position. The long position may not necessarily provide an entry opportunity, but if we can enter effectively, there is a high probability of a profit space of more than 2-5 thousand points, and the stop-loss point can also only carry a 1% loss. All subsequent strategies will focus on stability.

If the price breaks through 68300 directly and closes the hourly line above the trend line at 69000, then exit the short position and consider other entry points afterward. For now, we will execute according to the morning's 68300-68600 short (1% loss) and the current pending order at 66100-65500 long (1% loss). After entering the short position, we can change to breakeven loss when reaching around 67400, and we can reverse operation when nearing the lower long position entry point.

The above is purely my personal interpretation of the current market, and it cannot achieve 100% accuracy. Please consider it carefully on your own,

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