Bitcoin experienced a decline over the past few days, dropping to a low of 62,500. After testing this second low, it saw a decent rebound in the early trading session. The trading volume is gradually increasing. However, at present, this rebound has not shown clear signs of stabilization. We need to see if the daily candle today can hold above 64,800. If it can stabilize, then the rebound will continue upward. The strategy should be to buy on dips; chasing after a decline is not suitable.
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2.25 Market Analysis❤️
Bitcoin experienced a decline over the past few days, dropping to a low of 62,500. After testing this second low, it saw a decent rebound in the early trading session. The trading volume is gradually increasing. However, at present, this rebound has not shown clear signs of stabilization. We need to see if the daily candle today can hold above 64,800. If it can stabilize, then the rebound will continue upward. The strategy should be to buy on dips; chasing after a decline is not suitable.
📈📉 Today's Trading Strategy:
Buy around 64,500-65,000
Stop loss at 63,780
Target at 66,800 / 68,300
$BTC
For reference only. Profit and loss are your own responsibility!