Latest Market Analysis:
Yesterday’s trading saw the overall price fluctuate back and forth within a relatively narrow range during the day. In the late evening, the bulls added volume, rapidly stretching from around 64,400 to near 70,000. Later, in the early hours, price pulled back to around 67,800. After probing the 70,000 level again, it then held at a high level and continued trading in a range.
On the macro news front: the U.S. 30-year Treasury yield hit a peak of 5.33%. There was concentrated selling driven by heightened geopolitical turmoil and potential inflation risks. The Fed meeting minutes suggested that if inflation does not fall, rate hikes will be needed—making the tone more hawkish. At the same time, attention should be paid to tariff pressure and escalation in peripheral regions.
From the market perspective: over the past 24 hours, total liquidations reached 2.975 billion yuan, with long positions accounting for 90%. The liquidation point above is 70,450; the largest liquidation point below is around 65,000. The weekly chart’s bullish incremental move has reached the vicinity of the mid-band. The monthly chart and MA lines have also touched the levels in question. On the daily chart, there is a double top near 70,000 for the bulls; below, support to watch is around 68,000. On the four-hour chart, the bullish box is gradually nearing its peak. On the hourly chart, bullish volume has shrunk and price is under pressure; watch the area around 67,200 below.
Trading plan:
For short positions: in the 69,800–70,300 range, you can consider seeking entry. Then look toward 68,800–68,200–67,500 in sequence. Control position size and guard against a move to 70,800.
For the lower area: 68,500–67,500 can be considered for joining in顺势多头 (following the trend with longs). Guard around 67,000.
Key focus: the consolidation behavior in the 70,500–67,500 range. No matter how accurate your read is, risk control comes first. Chasing price higher is not the right approach—wait for a pullback opportunity.
Opportunities are always there. Protecting your capital is the top priority. Improve your trading system. If you need help, you can consult Zhao Gongzi’s assistant to coordinate and share opportunities together.
$BTC #FOMC会议纪要 #比特币时隔三月重返6.9万美元 #中国企业据报经东南亚数据中心获英伟达算力 #特朗普敦促国会通过Clarity法案 #SK海力士拟回购40万亿韩元股份
Yesterday’s trading saw the overall price fluctuate back and forth within a relatively narrow range during the day. In the late evening, the bulls added volume, rapidly stretching from around 64,400 to near 70,000. Later, in the early hours, price pulled back to around 67,800. After probing the 70,000 level again, it then held at a high level and continued trading in a range.
On the macro news front: the U.S. 30-year Treasury yield hit a peak of 5.33%. There was concentrated selling driven by heightened geopolitical turmoil and potential inflation risks. The Fed meeting minutes suggested that if inflation does not fall, rate hikes will be needed—making the tone more hawkish. At the same time, attention should be paid to tariff pressure and escalation in peripheral regions.
From the market perspective: over the past 24 hours, total liquidations reached 2.975 billion yuan, with long positions accounting for 90%. The liquidation point above is 70,450; the largest liquidation point below is around 65,000. The weekly chart’s bullish incremental move has reached the vicinity of the mid-band. The monthly chart and MA lines have also touched the levels in question. On the daily chart, there is a double top near 70,000 for the bulls; below, support to watch is around 68,000. On the four-hour chart, the bullish box is gradually nearing its peak. On the hourly chart, bullish volume has shrunk and price is under pressure; watch the area around 67,200 below.
Trading plan:
For short positions: in the 69,800–70,300 range, you can consider seeking entry. Then look toward 68,800–68,200–67,500 in sequence. Control position size and guard against a move to 70,800.
For the lower area: 68,500–67,500 can be considered for joining in顺势多头 (following the trend with longs). Guard around 67,000.
Key focus: the consolidation behavior in the 70,500–67,500 range. No matter how accurate your read is, risk control comes first. Chasing price higher is not the right approach—wait for a pullback opportunity.
Opportunities are always there. Protecting your capital is the top priority. Improve your trading system. If you need help, you can consult Zhao Gongzi’s assistant to coordinate and share opportunities together.
$BTC #FOMC会议纪要 #比特币时隔三月重返6.9万美元 #中国企业据报经东南亚数据中心获英伟达算力 #特朗普敦促国会通过Clarity法案 #SK海力士拟回购40万亿韩元股份