3.2 Evening Strategy

Currently, Bitcoin is fluctuating around 66,000. It looks like there's a rebound, but the bulls haven't really taken back control. Resistance above is being pushed down as soon as it appears.

Since the previous high of 70,938, the overall pattern has been making lower highs, and the structure is gradually moving downward. Recently, this wave of rebound hit the middle-upper band of the Bollinger Bands and then retreated, failing to stay above the middle band. The Bollinger Bands are starting to contract, which essentially indicates a weak consolidation rather than a strong reversal.

This kind of movement is more like a sideways correction after a decline, not a trend reversal. In weak oscillations, the most common scenario is to probe lower again, even breaking previous lows.

Reference Strategy:
Bitcoin: Short around 66,600—67,500, target 65,000, if broken, look at 63,600 and 62,000.
Altcoin: Short around 1,950—1,990, target 1,870, if broken, look at 1,800.

Don't get reckless with the rhythm. Use small positions with stop-losses. During rebounds, prioritize short positions. #贵金原油价格飙升 #比特币避险属性 #Gate广场发帖领五万美金红包 #币圈生存指南 $BTC $ETH