My stance: BTC is still in a weak, ranging consolidation, and this isn’t a place I’m willing to chase a long. Price is grinding around 75,670, and it looks a bit steadier than earlier, but it hasn’t reclaimed 76,265 from above, and 75,107 below hasn’t really been tested yet. So for now I’m more inclined to keep watching, waiting for a signal at the edges of the range.

I wrote that in the 22:26 post. BTC is slowly grinding lower; 75,100 is the line in the sand. I’m only waiting for a signal at the boundaries. Now price is still around 75,672, and the market hasn’t found a new direction—this actually confirms my earlier judgment hasn’t changed: the middle of the range is the hardest place to trade. Chasing longs without a confirmed breakout isn’t good, and chasing shorts isn’t far enough from support. For the OKX perpetuals: BTC is down about 0.87% over the past 24 hours; the 15-minute RSI is around 45.4, the 1-hour RSI around 42, and the 4-hour RSI around 36.7. Overall it’s still weak repair, not a strong reversal/attack.

What I care about most is the funding rate being around 0.0041%. The long fees actually push it higher. The price hasn’t strengthened, yet the rate is slightly positive. For this kind of market, I wouldn’t treat it as a long advantage; instead, I remind myself not to chase on a rebound before it’s confirmed. Now the key levels to watch in the order book are: 75107 below is the short-term bottom line; 75880 above is for confirming the small rebound; and 76265 is the true position that this structure needs to reclaim.

If it were my own trading, I would handle it like this: First, around 75670 I wouldn’t open a long position proactively—I’d keep waiting. Second, if BTC pulls back to 75100–75200 and holds, and then on the 15-minute chart it regains 75480, I would use 3%–5% of capital to try a long position. The first target would be 75880, then 76200; once reached, I’d reduce exposure. If it breaks down below 74880, I would admit the mistake and retreat immediately. Third, if the rebound to 75880 fails and it drops back below 75450, I would consider a small-position short. The target would be 75100; if that breaks, then look to 74600. For the stop-loss, I’d set it back above 76200.

There’s no reason this market is exciting to me. My trading style remains the same: not every fluctuation needs to be participated in. The key is to wait for the spot where, if you’re wrong, you can exit quickly.

The above is only my personal market observation and does not constitute investment advice.

$BTC