Tuesday Morning | Tang Long's Trading Strategy

Bitcoin has been experiencing typical large-range oscillations lately.
Last week, after dropping to around 65,000, it found support and rebounded, then faced resistance around 70,300 and pulled back. Now it's consolidating near 68,900.
The short position around 70,300 given yesterday has already captured the expected profit, and this move has yielded results.
From the rhythm perspective:
The short-term pullback isn't strong, and it hasn't broken previous upward starting points. On a smaller scale, it's still oscillating slightly upward;
The daily chart also shows a bottoming and rebound structure, with upside potential still targeting around 72,000.
Trading strategy:
Buy in stages within the 68,400–67,600 range, aiming for targets between 70,000 and 72,000.
A key reminder: If there's a sharp decline in the morning, don't chase the short position. Wait for a pullback and stabilization before entering long positions for safety.
Summary in one sentence:
Oscillating with a slight bullish bias, it's more comfortable to buy at lower levels—avoid chasing highs and selling lows. #Gate广场四月发帖挑战 #Circle将推出cirBTC #GENIUS实施规则草案发布 #今日你看涨还是看跌？ $BTC $GT $ETH