BTC high-level fluctuations continue, patiently waiting for direction choice, do not lose rhythm in the fluctuations.

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金哲川
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13 hours ago

BTC high-level fluctuations continue, patiently waiting for direction selection, don't lose your rhythm in the fluctuations

From the 4-hour trend, Bitcoin previously rose all the way to the 66924 line, then faced resistance and fell back, and now the upward momentum has begun to slow down. The MACD red bars continue to shorten, and the short-term bullish strength is somewhat weakening, but the bearish side has not formed a significant increase in volume, so the market is temporarily still dominated by high-level fluctuations.

From the chart, we can see that after the price first retraced to the 65500 line, it quickly gained support, indicating that there is still buying interest below. This means that the current situation is not a trend reversal, but more like a normal correction after an increase. As long as the key support is not effectively broken, the bulls still retain the opportunity to push upward again.

Next, the market will focus on the 66300—66500 pressure zone. If the 4-hour chart can break through and stabilize in this range, then the market is expected to challenge the previous high of 66924 again, or even open new upward space; on the contrary, if multiple attempts to rise still fail to break through, then attention needs to be paid to the 65500 line support, and once it is lost, the short-term adjustment range may further expand.

Recently, the overall crypto market lacks major news stimulation, and market sentiment is relatively cautious, manifested more as range fluctuations. In such a market condition, instead of frequently chasing highs and lows, it is better to patiently wait for key levels to give a clear direction.

Old Jin has repeatedly emphasized that the people who truly make money are not those who trade every day, but those who decisively take action when opportunities that belong to them arise.

Fluctuating markets are the easiest to consume traders' patience and also the easiest to constantly make mistakes due to frequent operations. At this stage, controlling risk is more important than predicting the market, and protecting capital is more important than seeking opportunities.

Jin Zhechuan reminds everyone:

  • Pay attention to the pressure at 66300—66500 above.

  • Pay attention to the support at 65500 below.

  • Before the direction is clear, patiently wait for a breakout, do not blindly chase orders.

  • Maintain basic defense, strictly execute trading plans, and develop good trading habits.

The market has opportunities every day, but there is only one capital. Waiting for the trend is more important than guessing the trend.

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