3D Integrated Trading System | BTC Evening Strategy Update Brothers and sisters, BTC prices rose to around 65000 today and then fell back. The highest reached 65300 within the day and is currently consolidating around 64800. The rebound is ongoing, but not a reversal. At the end, I will share some of my short-term predictions. 1、 Quick overview of the market BTC has been pushed from a low of 63500 to above 65000 within the day, with an amplitude of nearly 1500 points throughout the day. 24-hour liquidation of $212 million, with short positions accounting for $175 million, is being systematically forced. After stabilizing at 64000 on the 4-hour level, the physical bullish candlestick continued to rise, and the quality of today's breakthrough is higher than previous ones. 2、 Quantity and capital The 24-hour trading volume of BTC is about 11102 BTC, showing a significant rebound compared to last week. ETFs had a net inflow of $297.5 million yesterday, with BlackRock IBIT buying $160 million and Fidelity FBTC buying $112 million. The return of net inflows to ETFs is an important support for this upward trend, but the daily total buying volume is still below the strong accumulation level of 5000 BTC. In terms of short positions, according to monitoring, a team of single short sellers shorted a total of 2800 BTC with 40 times leverage, and the main address clearing price was $64855. This position has been penetrated, most likely it has exploded. 3、 Space and Strategy Above: 65500-66000 is the next resistance zone. If you hold steady with high volume, look at 66900-67000. Below: 64000-64200 is the first support, and 63500-63700 is the deep support. Strategy: ·There are low position long orders, take profits in batches around 65500, and move stop loss to 64000. ·Step empty, wait for confirmation of stepping back 64000-64200 before taking action, stop loss 63500, target 65500-66000. ·If you want to be empty, only consider stopping at 66000 when there is a blocked signal above 65500. 4、 Core viewpoint (1) 65000 is a watershed. But 65500-66000 is the next hurdle, only after passing it can we truly break through. Before that, do it by stepping back after the breakthrough. (2) Looking at the daily trend and trading volume, Bitcoin is experiencing a contraction in volume and a narrow range of fluctuations in the 62500 to 65500 range, accumulating momentum. After a long period of fluctuations, it will move towards a midline direction. At present, the selling market is in a state of exhaustion, but there is no new capital entering the market, and it is all a game of existing funds. (3) Macro fundamentals are favorable, with a data vacuum period and long-term holders continuously buying low. In this situation, Bitcoin is likely to rebound first and reach a peak of 67500 at least three times, or even higher, such as around 72000. (4) The game of existing funds and the lack of new funds entering the market at this stage are both paper tigers, destined to not go far, nor is it a reversal, but a dead cat rebound. Rebound to 67500-72000, this round of volatile rebound market will also come to an end, and it will inevitably fall if it lasts for a long time! Do you think you can stand firm at 65000 tonight? Do you think this upward trend is a reversal or a dead cat rebound? Chat in the comment section.