crypto world: Can 7.25BTC turn the tables, breaking through 68000 in a Rebound? The short-term battle between long and short positions is about to escalate! Read the latest market analysis for insights.

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The four-hour Candlestick is at the top of the EMA trend indicator, blocked by the EMA15 trend line at 66500. It is obvious that this position belongs to the balance point. The oscillating market continues. The KDJ is upward and the Bollinger Bands are contracting. The Candlestick is currently below the middle rail at 67000, with the upper rail following at 68400resistance level, and the lower rail support point near 65400. There is a wave of short positions to consider in terms of thinking. The current market is suitable for swing trading in the range of 67500 to 65500. Pay attention to safety first.
short term thinking reference:
Short at 68200 to 68400 on the upside, stop loss of 500 points, target range is 67000 to 66000, with a break below to watch for 65500 to 65000.
Long in the 63300 to 63600 range below, with margin replenishment long at 62500 to 62300, target at around 64500, and looking at 65000 if broken, with a stop loss of 400 points.
The specific operation is mainly based on real-time data of the Order Book, and more details about long positions can be consulted with the author. There may be latency in the publication of the article, so it is recommended to take risks at your own discretion.