Yesterday, it was indicated that after breaking through the 66,000 level, the price is likely to continue its upward movement. However, upon analyzing the daily charts, it is evident that the overall trend of BTC remains downward. Currently, the price is in a rebound and rising stage, but it is expected to encounter resistance and potentially decline again as it approaches the resistance zone just below 67,300. It is recommended to closely monitor this upper resistance range for long positions.
**Trading Suggestion:** If the price rises to the 66,700-67,300 range and encounters strong resistance, it would be prudent to sell at this level. The target range for this sell-off is between 65,300 and 65,700. This strategy aims to capitalize on the expected price fluctuations within these critical levels.
By carefully monitoring these resistance levels and market trends, investors can optimize their trading strategies and manage risk effectively. It is important to note that these trading suggestions are based on current market analysis and are intended for reference purposes only. Always consider risk tolerance and conduct thorough research before making trading decisions.
