From a 4-hour structure perspective, after the price rebound, it has returned to operate below the middle Bollinger band, indicating an overall weak oscillation pattern. Resistance is formed around the middle band at 69000, and the downward movement of the upper band shows that the trend has not truly strengthened. Support is concentrated around 66000, and once it is lost, there is the possibility of a revisit to previous low areas.
The current rhythm belongs to the pullback stage after a weak rebound, with insufficient continuation from the bulls.
Daily operation strategy
Focus on the pressure situation in the 68500 to 69000 area during the rebound, prioritize considering short positions.
Pay attention to the support at 66000; if it breaks, look for the 64500 to 63000 area.
If it strongly stands above 69000, be cautious with short positions, as it may shift to oscillation repair in the short term.
Overall, maintain the strategy of shorting during the rebound; short-term quick in and out, control positions, and avoid chasing orders.
BTCUSDT
Perp
65,366.5
-3.16%