Current BTC Market Situation Analysis, please indicate the source when reprinting, Crypto Medical Commentary.

Market Core Status
Current Price: approximately 69,300 USDT, 24h decline of about 0.8%
Medium to Long Term (Weekly): Deep correction from the historical high of 126,164, with a low of 59,902, currently well below EMA30 (87,488) and the middle band of the Bollinger Bands. The medium-term downtrend remains unchanged, still in a low-position consolidation and bottoming phase.
Short Term (4 hours): Price fluctuates within the 62,980–74,064 USDT range, moving averages are highly converged, closely aligned with the middle Bollinger Band. The short-term direction is not yet clear, suitable for oscillation trading.
Volume Signal: Weekly volume is insufficient, 4-hour trading is relatively active, but no breakout volume signals have appeared, beware of false breakouts.
Short-term Oscillation Trading Strategy (mainly 4-hour, suitable for this week’s operations)
Long Position Plan (buy on dips)
Entry Conditions: Price retraces to 67,800–68,200 USDT, 4-hour candlestick forms a long lower shadow/doji, and volume gently increases
Entry Price: around 68,000 USDT
Stop Loss: 67,200 USDT (break below the lower Bollinger Band, confirming short-term rebound failure)
Take Profit:
First Target: 70,500 USDT (touching the upper Bollinger Band resistance)
Second Target: 72,000 USDT (breakthrough recent high, opening upward space)
Position Size: 5% of total funds (leverage recommended 5–10x)
Short Position Plan (short on rebounds)
Entry Conditions: Price rebounds to 71,000–71,500 USDT, 4-hour candlestick forms a long upper shadow/gravestone doji, and volume shrinks
Entry Price: around 71,200 USDT
Stop Loss: 72,000 USDT (break above the upper Bollinger Band, trend turns stronger)
Take Profit:
First Target: 69,000 USDT (retracement to middle Bollinger Band)
Second Target: 67,500 USDT (testing the lower Bollinger Band support)
Position Size: 5% of total funds (leverage recommended 5–10x)
⚠️ Trading Risk Control Iron Rules (Must Read)
1. Position Limit: No more than 10% of total funds per trade, avoid full position all-in.
2. Stop Loss Must Be Set: Must set a stop loss within 10 minutes after entry, never manually cancel.
3. Signal Confirmation: Wait for candlestick pattern + volume to meet conditions before entering, do not gamble on direction prematurely.
4. Dynamic Stop-Loss: After profit is realized, move stop-loss above the cost price to lock in profits.
5. Risk Reminder: Cryptocurrency volatility is extremely high. This strategy is for technical analysis reference only and does not constitute investment advice. Operations are at your own risk.