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Today's trading thoughts:
In this choppy market, sometimes it's best to step aside and wait for the right move.
$BTC
Right now, BTC is stuck between two liquidity zones, lacking enough momentum to break out either way:
- 69K-70K above is a clear short squeeze zone, while 66K-65K below is still a buy-the-dip support area.
- Structurally, the daily chart is still in a bearish trend, the 4H is just a rebound/relief move, and the 1H is consolidating at the highs—nowhere near a confirmed reversal.
My plan for today:
- No chasing longs around 68K for mid-term positions. I’ll wait for price to test 69K-70K and see if there’s a chance to fade any failed breakout.
- If the short plays out, first target is 67.2K, then watch the 66K-65K support zone for a bounce.
Overall:
We’re in the middle of the range here. Only high-risk short-term long opportunities or scalp shorts on a pullback. There’s liquidity to sweep above, and dip-buying interest below. But for now, the bigger picture is still a bearish structure within a rebound. Patience is key—wait for the wind to shift.

I'm waiting for a table too.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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