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4.7 Double Bottom Strategy
The morning market was also influenced by aggressive remarks from the US and Iran. The double bottom’s trend has weakened in tandem with Bitcoin’s, and the bulls’ rally attempt has completely run out of steam; in the short term, the overall structure is entirely controlled by the bears.
Right now, blindly trying to catch the bottom carries extremely high risk. As long as there is a rebound, it is a good chance to set up short positions following the trend.
Double bottom:
You can consider entering shorts around 2120-2150.
The first target is below 2080; if i
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4.7 Bitcoin Strategy:
Due to the tough stance from the US and Iran, the bulls no longer have the strength to push higher, and the market has broken down and weakened. In the short term, bears are in control. Currently, bottom-fishing is very risky. Any rebound is a good opportunity to short the market.
Bitcoin:
Take multiple short positions around 69,500 to 70,000, initially watch for a move below 68,000, and if it breaks further, look towards 66,500.
$BTC
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4.2 Double Bottom Strategy
After a wave of decline, buyers can't hold the market at all, the bottom isn't stabilized, and it's just a half-drop that drags on;
The bears keep pressing down, and the rebound can't gain momentum. Now, sideways movement is just exhausting the bulls' strength, confirming that support can't hold, making it easy to accelerate downward later.
When it rises to 2150–2180, start shorting in stages, first watch 2080; if it truly breaks below that, then target 2030.
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4.2 Bitcoin Strategy
Today, Bitcoin generally weakened, surged then fell back, causing a sharp drop.
Support levels are at 65,000-66,000.
Resistance above is at 68,000-70,000 with heavy pressure.
Once it breaks below 65,500, there is a high probability of a decline to 60,000-62,000. Currently, any rebound is just a trap for late buyers; 66,000 is the critical bottom line.
Unified approach: do not chase longs, do not blindly bottom-fish, only short on rallies in futures, and strictly set stop-losses.
$BTC
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Real trading performance showcase!
Today's movement of Bitcoin followed the prediction: after a weak consolidation, it continued to decline sharply, and I held my short positions steadily throughout.
No hype, just results—go with the trend. That’s the core logic of trading~
$BTC
BTC-1.93%
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4.1 Bitcoin and Altcoin Trading Strategy
Bitcoin is currently trading around $68,000, fluctuating back and forth. The rebound is warming up but lacks the momentum for a significant rally.
Focus on buying low and avoiding chasing highs; only hold small positions at higher levels:
Buy in batches around $66,800–$67,000, cut losses immediately if it breaks below $66,000, and take profits when it rises to $68,500–$69,500.
If it rises to $68,500–$69,000, hold a small position and try shorting on a pullback; if it stabilizes above $69,600, admit a mistake and exit on a pullback to $67,000/$66,000.
In
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Bitcoin today’s outlook:
Currently, the buying and selling forces are balanced, with no obvious upward or downward trend; the momentum of selling pressure has weakened, but it has not yet shifted to a rally; the overall downward pattern remains unchanged, and small rebounds are easily suppressed, leading to oscillations; plus, both medium- and long-term holding costs are higher than the current price, with heavy selling pressure from trapped sellers above, so the market is just tired of falling and unable to rise, with a weak sideways consolidation pattern.
Bitcoin:
Build positions in ba
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