Morning Bitcoin Outlook



- Initially retraced from around 69,500, with a low of 68,333, followed by a strong bullish surge, reaching a high of 69,259.9, forming a typical "bottoming out and rebounding" pattern.

- Currently trading within the 68,900-69,200 range with clear bullish and bearish battles. During rebounds, trading volume significantly increases, indicating strong buying momentum.

- Open interest stands at 5.68 billion, with a net capital inflow of 464 million, showing a generally optimistic market sentiment and funds bottom-fishing.

- Entry logic: If the price retraces to the 68,800-68,900 zone without breaking below and the 15-minute K-line shows a sign of stabilization (such as a small bullish candle or doji), consider a light long position.

- Target levels: First watch 69,300; upon breakout, target 69,800.

- Stop-loss: 68,500 (if broken, indicating a weakening trend after recent consolidation).

- Core logic: V-shaped rebounds after sharp declines often have inertia to push higher, supported by capital inflows. #国际油价突破100美元 $BTC
BTC4,44%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin