BTC is currently in a corrective rebound, with the major trend unchanged and still requiring rebounds to short;



Major level direction: Currently standing above the daily midline. If support near 685 is not broken in the near term, consolidation may occur in the upper area. There's still a possibility of taking out the previous high of 760 liquidity; if support fails, it could go to around 657, then observe whether to break below or rebound.

Shorting: Aggressive traders can enter a head position at 715, add position at 725 (don't add if not reached), with stop loss at 728;

Going long: 700-685; (shorting is not recommended, short positions won't get liquidated) with stop loss if it breaks below and fails to return to 680.

$BTC #btc
BTC0.09%
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