$BTC Change to a larger perspective at the 4H level, the possible consolidation period framework may use the line around 71600 as the medium-term boundary, and continue to observe. You can make high selling and low buying in the spot market and trend trading of contracts around the framework.

$BTC 1H Level Support and Resistance Overview, strong resistance near 71598 and resonance with 1H Vegas channel resistance, focus on building long positions in batches at lower support levels 1-2-3, with particular attention to the 2-3 position. Short-term short positions can again be placed against the 71598 resistance level (small resistance near 69705 can also be used as a short position entry point).

🚨 Three good habits for short-term positions:

When you're unsure whether to take profits on floating gains, directly take half of the position off and keep the rest at breakeven, you can never go wrong; after floating gains for a while, habitually set breakeven stops or move your stop losses, this is the bottom line, do not allow it to turn into a floating loss; your profit target position is always just a goal, do not be overly attached to taking profits at the target position.

🚨 Suggested position management ratio for divided entry:

Second entry ratio: 3:7 or 2:8
Third entry ratio: 2:3:5
Fourth entry ratio: 1:2:3:4

🚨 Do not place orders at whole numbers

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#BTC Trend Analysis