Big Bitcoin surged to 73900 in the early morning, then encountered short seller resistance and quickly pulled back. When the market began to decline, we adjusted our strategy and shorted. After entering at 72600, we held until around 6 AM at 70850 for profit-taking, capturing 1750 points.



The current price is holding above the 70000 level. Although the daily level shows a spike and pullback, the overall trend remains an uptrend since February. On the 4-hour level, the price is correcting after a rapid surge. While the pullback is somewhat significant, it's still a retracement buy opportunity—we can look to enter long positions on dips.

Bitcoin long between 70600-70200, target 71700; simultaneously Ethereum long between 2075-2040, target 2140. #比特币站上七万美元 $BTC
BTC-1,25%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin