If I were to trade in the short term, BTC does look positive.

Short-term strategy:

The strategy you mentioned is very clear. Buy when the price drops and hold in the 68K - 70K range. This operation idea can make good use of price volatility. If the 4-hour closing price is below $59,700, you should be careful, especially when the market momentum weakens. This price may be a signal of an important support level loss. It is reasonable to stop loss as soon as possible.

Medium-term strategy:

If it is a medium-term operation, the big cake still has a certain degree of positivity. The $54,840 you mentioned is a key support level. If the closing price this week is higher than this position, you can continue to hold and collect more chips. When the weekly closing price breaks through $68,250, adding positions is a good choice. This price usually means that market sentiment turns bullish again.

But if the closing price falls below $54,840 this week, it is likely to continue to fall to the 44K - 46K range. At this time, you should carefully consider whether to continue holding, especially if market sentiment becomes pessimistic.

Long-term strategy:

Long-term operations are more conservative. When the 11-day moving average (11G candle) you mentioned closes above $70,080, you can consider starting to collect more Bitcoin, which is a cautious and stable approach. When the price rises to 77K, you can take profits on part of your position at 87K while continuing to hold the rest (HODL).

Additional notes:

There are still some uncertainties in the market, such as war or a recession in the United States, which may have a greater impact on Bitcoin. If these events occur, the market's risk aversion may intensify, causing Bitcoin asset prices to fluctuate sharply or even show a downward trend. In such an environment, more flexible position management and risk control are particularly important.

Whether it is short-term, medium-term or long-term operations, flexibly adjusting strategies and paying attention to the macroeconomic factors of the market are the keys to success.