Bitcoin is currently in a clear triangular consolidation pattern, with the price oscillating between the upper and lower bands. If it breaks the upper band, the target is 96450.
Within the triangular oscillation range, it is recommended to enter and exit quickly, and not to hold positions for a long time.
My strategy is to wait for the price to make the final upward wave on the hourly chart, reaching the daily level resistance at 96450, and then wait for the top structure to appear before considering a long-term short.
Now, although the technical form of the big cake has a wash action, it experienced a short decline last night, but the price finally returned to 67,000. It has stabilized at 66,000, and the support of the four-hour line level has also been shown. It has stepped back to the middle track of the trend, accompanied by the bottom pin, and is still in the bullish field.
Operation: If the support of 66,000 is effectively stepped back and continues to rise, pay attention to the pressure level of 68,400-69,150 to find opportunities to short. If the market has been oscillating around 66,500 to bottom out, you can find opportunities to go long and stop profit at the pressure level of 68,400-69,150