RebalancingKing

Continuously maintaining a bearish outlook for several days, previously identified the 67,100 zone as the major resistance top of this round, with the first target of 64,000 successfully reached last night.
Currently, the daily chart indicators are diverging simultaneously, upward momentum is weakening, and intra-day we wait for a rebound before continuing to look for short opportunities.
If Bitcoin rebounds to the 65,200-65,500 range, consider short positions, reserving higher position for averaging down, with a unified stop loss at 67,500.
⚠️ Risk warning: This article is only a person

Yesterday, we provided some room for the current price short position; in the short term, it looks very strong and hard to fall. At 2 a.m. tonight, there is a rate decision, and the expectations for the daytime session are not high, leaning towards consolidation.
The bearish outlook remains unchanged, with the first target at 64,000 and the second target at 61,000.
Without further ado, for aggressive traders, short directly at the current price of 66,000, the ideal short entry at 66,600, light position short at 67,600, and add protection at 67,888.
Ethereum has also been acting up these days;

Yesterday, we shorted Bitcoin at 67,100. Yesterday also, we talked about how this area here might be a major top and the price could drop to 61,000.
With a 6-hour and 4-hour divergence plus shrinking volume, for intraday, continue to short.
Bitcoin’s current price is 66,300—short directly; at 67,466 add for defense, with 67,800 as the level to watch.

Good news turned into bad news. Trading started on Saturday based on the memorandum of understanding and the opening of the strait. Today we’re trading the sentiment cycle—continuing the momentum. In the morning, we’ll keep holding the short positions in place, unless the strait is truly opened and the short orders get closed and run away. This short is expected to target 61,000.

Weekly K and daily line close with a bullish engulfing pattern at 657, closing above 655, which is a very positive sign. Market sentiment may continue, so here are two shorting points:
Bitcoin 66418 short with a defense at 66650
Near 67100 short with a defense at 66650
Expected that 671 is a major top short.

Daily golden cross emerging, 12-hour level W bottom forming.
Focus on the neckline at 63,200; if it retraces without breaking the neckline, the first bullish target is 67,100, the second target is 72,000.
Breaking below the neckline invalidates the W pattern.
For intraday trading, short Bitcoin at the current price of 64,500 with a stop loss at 64,888.
Watch for a retracement to 63,200; if it breaks or holds.
If it doesn't break, go long again; if it breaks, continue to watch the 60,500-64,500 range for consolidation and correction.

The one that was just posted is a bit too simple. The ideal short is to place the entry at the 64,700 point and put the stop at 65,500. Right now, shorting at the current price can only be done with a light position. If price retraces to 647 and does not break the neckline, then look for a bullish move toward 632; if it breaks below the neckline, continue to look for a short at 61,000.

It looks like it’s about to crash, so I don’t care anymore—short at the current price of BTC 63,600.

The recent market conditions are really like picking up bargains, with the US stocks plummeting sharply. The weekly K line 27189 shows a top divergence, and the daily chart has dropped 2000 points in a week. The US stock market may enter a bear phase, first watch 24,000, then 20,000.
So after the US stocks finish this round, look for a rebound and correction, and find opportunities to short and wait for the US stocks to crash along with Bitcoin.
For intraday trading, during the daytime session, buy longs at 61,000-61,300 and 62,000-62,400, and go short.
Reserve additional positions for d

Yesterday's short at 63,700 hit a low of 623, still some distance from our expectation. The daily candle closed as a bearish doji, the 12-hour timeframe shows a golden cross, and the 4-hour timeframe is in a retracement. In the short term, it may continue to fluctuate between 62k and 64k, with resistance at 648/655.
For more aggressive traders, consider going long near 622, and if it stabilizes, the previous day's 613 remains a good entry point for a long position.

The weekly K-line reaches a critical point and may form a death cross, with daily divergence. In the short term, it looks like it will rise, but the space won't be too large, and it may continue to consolidate at low levels.
Intraday, go short first, then go long.
Light short positions around 63,700 on Bitcoin, add protection at 64,500, and set stop-loss at 64,800.
For short positions, reverse to long near 61,300, add protection at 60,400, and set stop-loss at 60,100.

There might be a short squeeze at this level. The available space below is limited. The ideal long entry point is around 67,600. If you're worried about missing the move, you can start with a small position first.
Don't chase the short positions; look for bullish opportunities.