Juejin Old Cat | Saturday BTC Strategy



Trading: maintain rhythm, hold onto profits, avoid greed and attachment, and proceed steadily.

Recently, BTC has pulled back from high levels and is currently consolidating with a sideways trend. Overall volatility has narrowed, and there is no strong directional market in the short term.

Technically, the key resistance level is around 66,500, with a higher probability of facing selling pressure on rebounds; support is at around 65,500. The range is clearly defined, and short-term rebounds are relatively weak, making it more suitable for a high-short strategy.

The overall news environment is calm, and weekend market activity is not very active. Saturday's price movements are limited, mainly trading within a narrow range, with no significant directional drive.

The main trading idea for Saturday is to focus on shorting at resistance, avoiding overconfidence or prolonged battles. Enter and exit quickly, with the core range between 65,500 and 66,500. When prices rebound near resistance, consider short positions; on dips near support, lightly add long positions. Target a few hundred points in profit before exiting, strictly set stop-losses, and aim for steady gains.

Investing involves risks; trade cautiously. The above analysis is only a personal opinion and does not constitute any investment advice.
BTC-0.49%
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