Bitcoin has currently reached a resistance level; long positions can be partially reduced.
Focus on the pullback support zone 66800–65800: A pullback to this zone can add to long positions, and those in short positions can enter small positions, with a stop loss set at 65500. If it breaks below 65500, abandon long positions and wait for a spike to 63000–64000 before making further plans. As long as the 66800–65800 support holds, continue to look for a rebound, with target resistance levels at 68800–70000–71000. Short positions can be strategically placed near the second and third resistance levels. $BTC
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Bitcoin has currently reached a resistance level; long positions can be partially reduced.
Focus on the pullback support zone 66800–65800:
A pullback to this zone can add to long positions, and those in short positions can enter small positions, with a stop loss set at 65500.
If it breaks below 65500, abandon long positions and wait for a spike to 63000–64000 before making further plans.
As long as the 66800–65800 support holds, continue to look for a rebound, with target resistance levels at 68800–70000–71000.
Short positions can be strategically placed near the second and third resistance levels. $BTC