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After the morning outlook was provided, Bitcoin's price generally moved as expected, smoothly breaking out by several hundred points, with the rhythm being quite well controlled. The current price has rebounded again to around 75,000, indicating that short-term bulls and bears are still repeatedly tugging, with obvious range-bound characteristics.
From an intraday structure perspective, the overall volatility has been compressed, with insufficient continuity, making it difficult to form a single-sided big trend, leaning more towards a back-and-forth shakeout rhythm. This kind of market is not suitable for blind positioning; instead, it is better suited for light positions, high selling, low buying, quick entries and exits to lock in profits.
When a rebound occurs, continue to enter the market, follow the rhythm precisely, and make several trades; profits can be continuously accumulated and amplified. The key lies in execution and patience.
$BTC #GatePreIPOs首发SpaceX