The current market trend remains strongly bearish; all upward movements are merely rebounds within a downtrend. Do not mistake rebounds for reversals and blindly chase long positions.



Entry point: Short around 71,800. The strong bearish trend remains unchanged; rebounds are opportunities to short and make money.
Position suggestion: Build positions gradually, avoid heavy full-position entries all at once to prevent losses from sudden pullbacks.
Defense level: Prior high at 72,500 (if the price breaks above this with volume and stabilizes, it indicates the rebound strength exceeds expectations; immediately cut losses and exit—do not hold through the reversal).
Targets:
First target: 71,000 (take profits quickly to lock in basic gains)
Second target: 70,300 (hold after breaking below 71,000, watch for previous lows to break) $BTC #BTC突破71000美元
BTC-0.52%
View Original
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
Ryakpandavip
· 6h ago
Just go for it 👊
View OriginalReply0