Bitcoin holders should closely monitor their current position.

Honestly, I am not very optimistic about holding steady here, but if you decide to build a position at this level, setting a tight stop-loss is not a bad idea. The key is—bulls need to hold the previous resistance level and turn it into a new support. Once this level is lost, there will be significant pullback pressure.

For aggressive traders, there are indeed opportunities here, but the prerequisite is strict risk management. Stop-losses should be set tight enough to prevent large adverse movements. BTC’s volatility should never be underestimated, so no matter how you trade, risk management always comes first.