$BTC โ€Œ๐ŸšจBitcoin short order at 73,600, target 67,500!


The rebound is approaching a key resistance level + MACD golden cross but below the zero line + trading volume continues to shrink
๐Ÿ“‰ Why choose to short at 73,600?
ยท Current price is 71,992. The level of 73,600 is the upper boundary of the previous dense trading zone + an integer psychological level, and also a resistance level of the daily trendline.
ยท Although MACD shows a golden cross (DIF 55.74 > DEA -445.66), the histogram (501.40) indicates that the downward momentum has significantly weakened, representing a weak rebound within a bearish trend.
ยท Trading volume continues to shrink: VOL (94,989) is far below MA5 (130,052) and MA10 (150,555). A rebound with low volume is unlikely to sustain, with a high probability of pulling back after a rise.
๐ŸŽฏ Strategy details
Item Parameter
Entry point 73,600 Limit order (short position)
Stop loss 74,600 (exit if price breaks above previous high, with a $1,000 tolerance)
Take profit 67,500 (support zone on the daily chart)
Position size Total position โ‰ค 3%, risk per trade โ‰ค 1.5%
๐Ÿ“Œ Why target 67,500?
67,500 is the previous starting point of the rally + below the daily MA60 (68,739), near the 0.618 retracement level of this upward move. Once the rebound ends, bears are likely to test this area directly.
โš ๏ธ Risk management reminder
ยท If price stabilizes above 74,200, the short position is invalidated; stop out and do not hold the position.
ยท If BTC volume breaks above 74,000 with increased trading volume, abandon the short plan.
ยท Holding period is estimated at 5-10 trading days; patiently wait for the rebound to materialize.
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๐Ÿ“Œ The above is only a personal trading plan and does not constitute investment advice. The market carries risks; decision-making should be cautious.
๐Ÿ‘ For those bearish on BTC, please like and follow to verify together!
#ๆฏ”็‰นๅธ#BTCUSDT#ๅš็ฉบๆฏ”็‰นๅธ# Trading Strategy #Technical Analysis
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