The current market is clearly dominated by sentiment, with escalating tensions in the Middle East triggering panic selling. Bitcoin once sharply dropped to around 63,000. After a night of recovery, it regained the 67,000 level, but this is more of an oversold rebound rather than a trend reversal.
Today's strategy remains focused on short-term rebounds and selling high.
Watch for a phased short position around 67,500–68,000. If the market rises, consider adding to short positions near 68,500, with a stop above 69,000.
Initial support targets are 66,000; if broken, look at 65,000. In extreme cases, monitor for a second test of 63,000.
Do not chase longs in this rhythm. Be patient, wait for rebounds to resistance levels before acting, control your position size, and trade quickly in and out.
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The current market is clearly dominated by sentiment, with escalating tensions in the Middle East triggering panic selling. Bitcoin once sharply dropped to around 63,000. After a night of recovery, it regained the 67,000 level, but this is more of an oversold rebound rather than a trend reversal.
Today's strategy remains focused on short-term rebounds and selling high.
Watch for a phased short position around 67,500–68,000. If the market rises, consider adding to short positions near 68,500, with a stop above 69,000.
Initial support targets are 66,000; if broken, look at 65,000. In extreme cases, monitor for a second test of 63,000.
Do not chase longs in this rhythm. Be patient, wait for rebounds to resistance levels before acting, control your position size, and trade quickly in and out.