Yesterday Bitcoin was consolidating all day. The analysis was very clear - Bitcoin had a position entry around 7.1K yesterday, and currently Bitcoin continues to consolidate around the 70,000 round number. Due to obvious liquidity contraction, the technical performance hasn't changed much. The morning session remains in a range, and a directional move may occur in the afternoon and evening. Key focus for the morning session: watch Bitcoin repeatedly test support around 6.95. If it stabilizes and completes a bottom formation, Bitcoin will see a rebound wave. You can set up short longs in the morning session. Bitcoin 6.93-6.98 long, target 7.08-7.15, stop loss 6.88 Ethereum 2080-2120 long, target 2160-2180, stop loss 2070 $BTC ‌$ETH ‌ • Bitcoin: refers to BTC • Ethereum: refers to ETH • Trading slang terms used in crypto trading circles • Price ranges and strategies: short-term trading guidance for Bitcoin and Ethereum including entry zones, targets, and stop loss levels

【$BTCUSDT】Institutional Trading Tactics Analysis $BTC On the four-hour timeframe, volume breakdown below the Bollinger Band lower rail, RSI dropped to 33. This deep pullback appearing during normal intraday fluctuation periods reveals the main force's support intention all too clearly. On the one-hour MACD, the histogram is contracting but still below the zero line, bearish momentum weakening but not yet reversed. Buy-side depth is 38% thinner than sell-side, insufficient active capital absorption. Price consolidating in a narrow range around 68900, a typical mid-decline consolidation pattern. Current price 68930, go short directly with stop loss above 69200. First target watching the 68000 round level, second target watching the 67500 prior support. At this position, the risk-reward ratio exceeds 4x, worth using light positions to ride the trend continuation. After breaking 68000, move stop loss to breakeven, let profits run. View real-time chart 👇 $BTC --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL ‍#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡

Yesterday Bitcoin was consolidating all day. The analysis was very clear - Bitcoin had a position entry around 7.1K yesterday, and currently Bitcoin continues to consolidate around the 70,000 round number. Due to obvious liquidity contraction, the technical performance hasn't changed much. The morning session remains in a range, and a directional move may occur in the afternoon and evening. Key focus for the morning session: watch Bitcoin repeatedly test support around 6.95. If it stabilizes and completes a bottom formation, Bitcoin will see a rebound wave. You can set up short longs in the morning session. Bitcoin 6.93-6.98 long, target 7.08-7.15, stop loss 6.88 Ethereum 2080-2120 long, target 2160-2180, stop loss 2070 $BTC ‌$ETH ‌ • Bitcoin: refers to BTC • Ethereum: refers to ETH • Trading slang terms used in crypto trading circles • Price ranges and strategies: short-term trading guidance for Bitcoin and Ethereum including entry zones, targets, and stop loss levels