Monday midday BTC analysis: Continue bearish, trade with the trend.
Bearish structure continues, don't rush to buy the dip. After BTC spot broke below 68k, currently oscillating in the 67,700–68,000 range. Weekend low of 67,370 confirms weakness, rebound strength is weak, insufficient buying follow-through. Technical analysis leans bearish: 4h Bollinger Bands opening downward, MA bearish alignment, lower band providing resistance Hourly chart continuous red candles after pressure from 71k, weak momentum, RSI overbought rebound not strong Midday operation suggestions: Target: First watch 67,000–67,300 Breaking 67,500, follow the trend to short. Shorted at 68,800 this morning, already 1400+ pips of profit; Some are watching, some have already taken profits. Clear levels, opportunities are in sight. Execution determines results. Market waits for no one, trade carefully. $BTC
Monday midday BTC analysis: Continue bearish, trade with the trend.
Bearish structure continues, don't rush to buy the dip.
After BTC spot broke below 68k, currently oscillating in the 67,700–68,000 range. Weekend low of 67,370 confirms weakness, rebound strength is weak, insufficient buying follow-through.
Technical analysis leans bearish:
4h Bollinger Bands opening downward, MA bearish alignment, lower band providing resistance
Hourly chart continuous red candles after pressure from 71k, weak momentum, RSI overbought rebound not strong
Midday operation suggestions:
Target: First watch 67,000–67,300
Breaking 67,500, follow the trend to short.
Shorted at 68,800 this morning, already 1400+ pips of profit;
Some are watching, some have already taken profits.
Clear levels, opportunities are in sight. Execution determines results.
Market waits for no one, trade carefully. $BTC