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Sunday Bitcoin Morning Trading Strategy
Lately, I've been busy with some personal matters, so my update frequency has slowed down, and I paused updates for a while. Today, I’m officially back, and regular updates will resume.
Next, let’s briefly discuss today’s Bitcoin trend. Yesterday’s market overall entered a "deceleration mode," with the daytime mainly sideways consolidation. Although there was a rebound at night, it was clearly resisted at the 67,500 level. Currently, the price is fluctuating around 67,000.
From a structural perspective, the short-term cycle is still in a consolidation and correction phase. Neither bullish nor bearish momentum has formed a clear breakout, and the market is more inclined to range-bound tug-of-war. In the short term, focus on the resistance at 67,500. During the day, you can continue with a high-short strategy based on this level, expecting a pullback first.
Support levels are at 66,500 to 66,000. If the price pulls back and does not break below these levels, consider reversing to a short-term long position. Overall, treat the market as a range.