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Today BTC is approaching $70,000–$71,000 with volatility. Continuing from yesterday's rebound, the market is focused on tomorrow's US CPI data, with neutral funding rates and increased trading volume. Support $69k / $68k, resistance $71.5k–$72k. Technical indicators are turning stronger, but macro uncertainties remain.
Contract recommendation (BTC/USDT Perpetual)
Bullish bias: Light long positions near the current price, stop loss below $69,000, target $71,500 → $72,500. Leverage 5–10x.
Conservative: Wait for stabilization above $70,500 before going long, or switch to short if rebound weakens.
Shorting opportunities are low: Only short if breaking $69k with small position, stop loss above $70k , target $68k.
Reminder: Position size ≤ 5–8% of total funds, strict stop loss. Expect high volatility before CPI, prioritize capital preservation. DYOR!#btc