Today’s Trading Strategy

Bitcoin (BTC): Defend key support levels, wait for macro guidance

Current overview: BTC is trading around $66,700 today, a nearly 3% pullback last week, currently testing the lower boundary of the consolidation channel (around $65,800).

Technical analysis: Daily RSI is about 42, indicating ongoing selling pressure but not yet oversold; MACD momentum is weakening. Price is well below the 50-day and 100-day EMA (above $71,000), maintaining a short-term bearish outlook.

Trading strategies:

· Aggressive short-term: Lightly buy in the $65,800-$66,500 range, stop-loss at $64,800, target $69,000
· Conservative: Wait for tonight’s Powell speech and this week’s non-farm payroll data before making decisions
· Key levels: Resistance at $69,000 and $71,000; support at $65,800 and $64,000

Core logic: The market is currently in a “data-dependent” phase, liquidity is drying up but funds are “loaded” (with $2.4 billion in stablecoins flooding into exchanges). If macro data is favorable, it will trigger a breakout of accumulated liquidity upward; otherwise, it will test the $65,800 defense line.#Gate金手指