Currently, Bitcoin shows a short-term consolidation trend with continued weakness and a lack of strong rebound. The strategy should focus on using rebounds for consolidation and low-buying as a supplement, with strict control of positions and stop-losses. The key support below is 68,000, and resistance above is 69,000-69,500.



If the rebound reaches the 69,000-69,500 range, it should be consolidated, similar to holding at 69,800, with a watch on 68,300-68,000;
If the decline stabilizes at 68,200-68,300, consider light positions and look for a rebound towards 68,800-69,000. #币圈
BTC-1,93%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-e56dabd4vip
· 6h ago
Currently, Bitcoin shows a short-term consolidation trend with continued weakness and a lack of strength in oversold rebounds. The focus should be on rebounds for consolidation, with buying on dips as a supplement, strictly controlling position sizes and stop-losses. Key support is at 68,000, and resistance is at 69,000-69,500.
If the rebound reaches the 69,000-69,500 range, expect resistance around 69,800, with support at 68,300-68,000;
If the price can find support at 68,200-68,300 and stop falling, consider light positions and watch for a move towards 68,800-69,000. #CryptoCircle
View OriginalReply0
  • Pin