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Currently looking at BTC, the price is around 66,856 USDT. Today’s price movement is approximately +0.15%.
For me, the focus is not on how much it has risen, but whether it’s a good entry point.
Short-term I remain somewhat bearish.
At this level, I will first consider these points:
First, the price has approached the resistance zone, and the upward potential and risk-reward ratio are average.
Second, the continuation after a rally is moderate, and chasing long positions could lead to awkward entry points.
Additionally, the buying volume is not strong enough, and a breakout upward still lacks momentum.
I usually handle positions at this kind of level with this rhythm: top sweeping for waterfall short, rebound followed by secondary waterfall short, and breaking support to chase short.
Suggested entry price: 67,390 USDT
First target for take profit: 63,379 USDT
Support level reference: 68,995 USDT
The biggest risk at this time is impatience; waiting for a clearer signal makes trading easier.