$BTC We mentioned yesterday that 68000 would not be the bottom; the bottom could extend further to between 66509-67000. Unfortunately, it only rebounded at 67400 and did not reach our take profit level.
How will the price move next?❓
From the daily chart, we observed that yesterday's daily line briefly fell below the middle Bollinger band, indicating a very bearish trend, but gradually pulled back above the middle Bollinger band before the close, showing that the bulls remain optimistic; from the four-hour chart, whether this four-hour line can break through the middle Bollinger band is also crucial. Whether a reversal occurs depends on this candle. At this point, if you have no positions, I do not recommend opening any trades; you must wait until the price trend is confirmed before taking action!❗️
👍 Trade Position
We opened a short position at 70200, and I have not taken profit yet, but I have moved the stop loss to 70000, so if it hits, we still make a profit on the fees.
Let's see how to enter the market later～
Ps: I brought my wife and two young children to Okinawa for vacation～ I will still find time to analyze for everyone‼️
