$BTC
♠️ BTCUSDT trading signal
🔴 Bearish signal
Current price: 61120
Recommended strategy:
1. Entry: short with a small position near 61120
2. Stop loss: 62954 (+3.00%)
3. Target:
- 59898 (-2.00%)
- 58675 (-4.00%)
- 57453 (-6.00%)
Main observation points:
1. The current price is close to the previous high and may face correction pressure
2. There are many short orders near 60480 and 58521 to take profits
3. 62437 above is an important resistance, and there are a large number of short orders to stop losses
Notes:
1. Use a small position and strictly control risks
2. Pay attention to the first target near 59898, which may rebound in the short term
3. When the price breaks through the stop loss level of 62954, resolutely execute the stop loss
4. When reaching each target level, consider taking profits in batches
5. Pay close attention to the fundamentals of the Bitcoin network, institutional dynamics and overall crypto market sentiment
6. Be alert that the overall market is still in an upward trend, and short selling needs to be more cautious