BTC Strategy - Wednesday Morning

Last night's price action was very typical: during the day, there was repeated back-and-forth between bulls and bears draining sentiment. After US stocks opened lower, bearish momentum was completely ignited, and prices declined steadily, touching around 68,800 in the early morning. The bearish strategy was successfully executed again.

Markets never disappoint those with patience. When you nail the rhythm, profits are just a matter of time.

Looking at the current structure, price has retaken the 70,000 level, but has not formed effective continuation momentum. Both bulls and bears lack the decisive explosive power to make a definitive move. Overall, the market remains in a range-bound consolidation pattern at elevated levels. Before the trend becomes clear, the optimal strategy is to avoid guessing direction—only trade the range and follow the trend once clear breakout signals emerge.

Key Range References:
- Upper resistance: 71,000-71,500 zone
- Lower support: 68,900-68,500 vicinity

As long as price oscillates within this range, a directional move will be difficult to develop. Morning operations should focus on range trading—selling rallies and buying dips.

Specific Trading Plan for Morning:

1. Bearish Strategy:
If price rallies to 71,000-71,500 zone, build short positions in tranches. Stop loss reference: 71,700-72,000. Target 69,500-68,500 area initially, can reduce positions in stages, keep remaining positions with room for observation on whether downtrend continues. $BTC #预测市场正在影响BTC走势？