Bitcoin Midday Trading Strategy

1. Chart Characteristics
- Range: Recent highs and lows between 69350 ~ 71342, price consolidating near the midpoint with alternating long and short pressure, forces temporarily balanced.
- Funds: Net inflow of $211 million, indicating capital accumulation but no established one-sided trend yet.
- Pattern: 15-minute candles mostly show small bodies with long upper and lower wicks, typical oscillating grinding pattern lacking clear direction.

2. Trading Approach

- Long Strategy:
- If price holds at 70000-70200 range on pullback, and 15-minute chart shows a reversal candle (long lower wick/bullish engulfing), consider light position long entry with stop loss below 69700, target first level at 71000, breakout target at prior high 71342.

3. Key Reminders
- Current conditions are range-bound, avoid chasing highs or panic selling, strictly control position size and stop loss.
- If price effectively breaks above 71342 or breaks below 69350, adjust direction following the trend.
- Pay attention to follow-up macro news (such as Fed policy, crypto regulation updates) which can easily break the current consolidation pattern. #Gate13周年全球庆典