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📈📉 #BTC Main trend update
BTC has rebounded sharply after overselling and has re-claimed the critical level of 67K. Short-term bearish momentum is releasing, and the rebound strength is increasing.
However, from a structural perspective, the price is still operating within a downward channel, and the overall trend remains unchanged. The rebound is more of a corrective nature.
Key levels:
Upper band resistance: 68.8K (key shorting zone)
Support: 70K
Target: 62.4K
Trading strategy:
Enter short positions around 68.8K, wait for the rebound to face resistance, and then follow the trend to enter positions.
⚠️ A rebound is not a reversal; do not chase longs, and maintain strict risk control.