Thursday Midday Tianyu BTC Trading Strategy

Strategic Analysis

BTC surged to around 71,600 in early trading but faced resistance and pulled back. Subsequently, it oscillated in the 71,300-70,800 range with continuous weakening of bullish momentum and insufficient rebound strength.

On the daily timeframe, a long upper shadow formed with heavy selling pressure above, leaving room for further pullback. On the 4-hour cycle, price has fallen from the Bollinger upper band and is converging toward the middle band, which provides short-term support. Intraday trading focuses on short-term strategies, with prior high-level bearish ideas remaining valid.

Trading Recommendations

Short BTC in the 71,000-71,500 range, targeting around 70,000-68,600.

Personal views are for reference only. Specific operations should follow actual market conditions. #贵金属领涨 $BTC $ETH