$BTC Evening Viewpoint:
I don't know if Bitcoin will continue to reach new highs tonight. Right now, I actually hope Bitcoin doesn't keep hitting new highs. It should conserve some strength and focus its energy where it's needed. The current bullish sentiment is already quite FOMO.
There's no need for Bitcoin to push harder; just the FOMO sentiment is enough. We don't want to exhaust ourselves and then find ourselves struggling at crucial support. The best outcome now would be for Bitcoin to oscillate a few hundred points up and down. Let altcoins rise, let Shitcoins rise, and once altcoins and Shitcoins have risen sufficiently, it would be better for Bitcoin to break new highs.
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I wonder if this ideal scenario of mine will be realized. As long as Bitcoin doesn't drop below 74477, the upward momentum remains. If it drops below 74477, it will likely oscillate and consolidate below, around 72666-71500, to gather strength for a push. We'll talk about that when we get there; for now, it's just speculation.
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Chart Summary: Pay attention to the 76427 level for Bitcoin. If Bitcoin retraces to this level and doesn't break below it, go long directly, and be mindful of whether the selling volume is sufficient. Alternatively, check if it is a false breakdown.
If it breaks through 76427 directly and the selling volume is substantial, go short. Be sure to set your stop-loss as soon as your position is opened; this is a good habit. I hope that's not too hard to understand!
If it surges past 76599, then you go long, just set your stop-loss well and you're done. Don't be afraid of stop-losses; they are part of your trading cost. If you can't even afford your costs, how can you make a profit? You can't catch wolves without letting go of your children.