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1. Good morning, I am Warehouse God Brother Wang.
The current quote is around 68,580, with a slight intraday decline of 0.08%. The 15-minute chart shows a deep correction from the high of 69,974.08, touching a low of 68,300.00 before stopping the decline and rebounding. The bearish momentum is fully released, and the bulls are strongly supporting. The core trading strategy is to buy the dip within the large range and go long, taking profits in batches.
1. Long position strategy (buy the dip, core strategy)
Conditions:
① Price retraces to the 68,300-69,000 (lower band) zone, showing signs of stabilization (decreased volume on decline, small bullish candlestick), and gradually build long positions;
Profit-taking targets (gradually take profits within the large range):
First target: around 69,000, reduce 50% of the position.
Short-term (1-3 hours): The oversold rebound trend is clear, and it is highly likely to oscillate upward within the large range of 68,300-69,100. Buying the dip on retracements is the optimal strategy. #btc