2026-04-07 14:08:50

$BTC ‌BTC is currently around 68,223 USDT. Today’s price movement is roughly -1.78%.

I am more concerned about whether there will be a buying opportunity at this level.
In the short term, I remain somewhat bearish.

Now, a few key points to watch:
First, the order book shows some signs of stagnation, so chasing aggressively isn’t worth it.
Second, the buying volume isn’t strong enough; a breakout still lacks momentum.
Additionally, the price is close to the resistance zone, and the upside potential and risk-reward ratio are average.

If I were to trade, I prefer this approach: top-level sweep high for waterfall short / rebound to lure longs then second waterfall short / break support to chase short.
My target entry point: 68,769 USDT
Estimated target price: 64,675 USDT
Stop-loss reference: 70,406 USDT
This judgment becomes invalid if: 5-minute reclaim resistance / 15-minute reclaim sweep high.
Risk-reward ratio reference: 2.50R

If the price doesn’t reach the point, it’s better to wait rather than force a trade.

BTC-1.82%

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