Weekend market movements developed as expected with pin action volatility. BTC probed down to the 68228 level for a rebound bottom, and ETH simultaneously tested the key support level of 2060. The overall trend completely aligns with the expected range rhythm. Currently, there is no trend-breaking movement in the market, and the large timeframe rebound logic remains unchanged. In the short term, range-bound oscillation recovery is the main pattern, with focus on grasping precise support and resistance level operations.
Big Pie (BTC) Operation Strategy
Core Support Zone
• Strong Support: 68000-68500 (pin-low point + weekly MA confluence zone, institutional chip accumulation dense area, very low probability of breakdown)
• Defensive Support: 67200-67500 (if 68000 is breached, this position is the limit for bears' second probe, can serve as extreme long defense line)
Key Resistance Zone
• First Resistance: 70800-71500 (short-term MA pressure + previous oscillation platform upper edge, stabilization in this zone confirms rebound continuation)
• Second Resistance: 72800-73200 (daily timeframe trendline pressure, opening upside space after breakthrough)
• Ultimate Target: 75000-76000 (options large position pain point zone, volume breakout can reach near 78000)
Operation Strategy
• On pullback to 68000-68500 zone, build long positions in batches, set stop loss below 67500, target 71000 first, look for 72800 on breakthrough;
• If rebound near 71500 faces resistance and falls back, can attempt light short position, stop loss above 72000, target retest 70000 level;
• If unexpectedly breaks below 68000, avoid blindly chasing shorts, wait for stabilization near 67200 before picking up longs, overall trend remains range rebound, avoid excessive bearish bias.
Weekend market movements developed as expected with pin action volatility. BTC probed down to the 68228 level for a rebound bottom, and ETH simultaneously tested the key support level of 2060. The overall trend completely aligns with the expected range rhythm. Currently, there is no trend-breaking movement in the market, and the large timeframe rebound logic remains unchanged. In the short term, range-bound oscillation recovery is the main pattern, with focus on grasping precise support and resistance level operations.
Big Pie (BTC) Operation Strategy
Core Support Zone
• Strong Support: 68000-68500 (pin-low point + weekly MA confluence zone, institutional chip accumulation dense area, very low probability of breakdown)
• Defensive Support: 67200-67500 (if 68000 is breached, this position is the limit for bears' second probe, can serve as extreme long defense line)
Key Resistance Zone
• First Resistance: 70800-71500 (short-term MA pressure + previous oscillation platform upper edge, stabilization in this zone confirms rebound continuation)
• Second Resistance: 72800-73200 (daily timeframe trendline pressure, opening upside space after breakthrough)
• Ultimate Target: 75000-76000 (options large position pain point zone, volume breakout can reach near 78000)
Operation Strategy
• On pullback to 68000-68500 zone, build long positions in batches, set stop loss below 67500, target 71000 first, look for 72800 on breakthrough;
• If rebound near 71500 faces resistance and falls back, can attempt light short position, stop loss above 72000, target retest 70000 level;
• If unexpectedly breaks below 68000, avoid blindly chasing shorts, wait for stabilization near 67200 before picking up longs, overall trend remains range rebound, avoid excessive bearish bias.