BTC market analysis
Yesterday's market performance was relatively calm, and our strategy was to wait for a pullback, but we did not enter the market. Although the market has rebounded slightly, the rebound was not strong enough, so we chose to wait and see. Last night's market trend showed obvious weakness, and the rebound did not form effective support, so we recommend keeping short positions and not entering the market. Although this cautious approach missed some short-term profit opportunities, it also avoided unnecessary risks. Today's market may change. The market is currently approaching an important support level of **64000**. If this support level can be stabilized and rebounded strongly, we may see an opportunity to rise to **70000**. However, if the support level is effectively broken, the upward trend will be broken and we will turn to shorting. Therefore, today's strategy is to be cautiously bullish and set a strict stop loss point to prevent sudden downside risks.
