$BTC
BTC Pullback Confirmation, Will It Hit the $70,000 Mark in the Short Term? How to Arrange a Steady Trade?
Early this morning, Bitcoin tested the support level of $68,000 again, currently rebounding slightly, and is expected to continue challenging the $70,000 mark. But be careful—any rise without a pullback confirmation is a trap!
The trend trading steady model suggests:
1. The current support level is in the range of $67,600-$68,000; as long as it is not broken, a pullback is an opportunity;
2. If it strongly breaks through $68,800 and stabilizes, consider lightly going long in the direction of the trend;
3. If it falls below $67,600, then stop-loss and exit, and observe for bearish signals in the opposite direction.
The trend is not gambling; it is the compounding of probabilistic advantages. Following the support is always stronger than emotional impulses!
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