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2.10 Morning Bitcoin Strategy
From the current market trend, the key resistance is concentrated around 71,000. The market has tested and attempted to push higher multiple times overnight but has failed to break through and stabilize, indicating that there is significant selling pressure at this level. In the short term, a strong pullback and consolidation are likely. Be sure to manage your positions carefully and adopt a cautious approach.
The overall trading idea today is to buy on dips.
Wait for the market to pull back to the 69,000–68,000 range, and consider gradually adding to long positions. If it breaks below 68,000, look towards 66,000 as the next support.
The first target above is 71,000. If a successful breakout and stabilization occur, continue to look upward towards the 72,000–73,000 zone.
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