$BTC

Today the upward trend is quite strong, with fierce competition around 70,000!

From the intraday indicators, there is temporary support at 69,000 and strong resistance at 72,300. Yesterday's daily close was a strong bullish candle, indicating robust bullish strength!

Currently, the market has formed an aerial refueling position, with indicators diverging, and the high does not decrease. As retail investors are eager to chase the price up, the long/short ratio is 0.59. If the coin price breaks the previous high again, the risk of a sharp drop increases!

Do not blindly chase the price up; hold your positions and wait. Friends with ideas can open short positions with a light load and add to their positions on peaks!

I personally advise some friends to enter the market with a good stop-loss; a small loss is acceptable, don't wait until you're deeply trapped to regret it!

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