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4.6 Market Review Summary of Bitcoin (Big Bull)
Today's core insights:
The overall strategy revolves around the support level at 68,500 and the strong resistance at 70,500, with a clear and decisive approach:
1. Focus on the support at 68,500 below; if the price stabilizes and cannot effectively break below this level, go long accordingly, and look for rebounds within the range based on support.
2. Keep a close eye on the strong resistance at 70,500 above; if the price surges but cannot effectively break through this key resistance, decisively short at high levels and play the range pullback.
3. If the range is broken later, follow the trend accordingly; until the breakout occurs, mainly trade within the range by selling high and buying low.
Trading details:
Three successful wave cycles! Accurately predicted market trend direction with Silk Road!
Three precise wave cycles:
① 69,059-69,624 (The bears have yet to effectively break below support at 68,500; choose low points to go long decisively)
② 70,155-69,747 (Bullish attempts to push higher; the price surged but failed to break the strong resistance at 70,500; decisively short at high levels, aiming for a pullback within the range)
③ 69,817-69,226 (The bulls have yet to reclaim the 70,000 level; rebound momentum wanes, follow the trend and go short)
Professionalism and precision are never luck; they are instincts honed through countless days and nights.
The market does not trust luck, only respects strength.
Choose the right person, and you are the helmsman; otherwise, you will always be a drifting floater in the waves. $BTC #稳定币争议升温