Market: BTC approaches $70,000–$71,000 with volatility (intraday lows around $68k–$69k, highs near $71k+). Continuing from yesterday's rebound, the market is watching tomorrow's US CPI data, with neutral funding rates and increased trading volume. Support $69k / $68k, resistance $71.5k–$72k. Technical indicators are turning stronger, but macroeconomic uncertainties remain.



Contract Recommendations (BTC/USDT Perpetual)
Bullish bias: Light long positions near the current price, with a stop loss below $69,000, targeting $71,500 → $72,500. Leverage 5–10x.
Conservative: Wait for stabilization above $70,500 before going long, or switch to short if rebound weakens.
Low shorting opportunity: Only short on small positions if breaking $69k , with a stop loss above $70k , targeting $68k.
Reminder: Position size ≤ 5–8% of total funds, with strict stop-loss. Expect high volatility before CPI release, prioritize capital preservation. DYOR!
$BTC
BTC1,8%
View Original
post-image
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