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Sunday Night | Trading Strategy
Over the past two days, the market has been mostly sideways with weak momentum, consistent with expectations—low volume, little volatility, and a frustratingly slow move.
Bitcoin is currently in a low-range consolidation after a decline. Many people see the dip and want to buy the dip or go long, but remember:
This is not a reversal, just a correction. Don't go against the trend recklessly.
From the hourly chart, the price rises but gets pushed back down, with long upper shadows appearing repeatedly. There is clear selling pressure above, and the rebound strength is limited. Multiple attempts to break higher have failed, so a reversal condition is not yet present.
Additionally, with unstable news and a generally bearish external environment, market sentiment remains cautious.
Overall, the short-term trend still favors a rebound followed by shorting.
Current BTC strategy:
Short in stages within the 66,800–68,000 range
Target levels: 66,000 → 64,000 → 63,500
Summary in one sentence:
Don’t rush to buy the dip; wait for a rebound to short. Going with the trend is the key. $BTC