Both longs and shorts are waiting; let the contract market calm down first

The U.S. stock market has been getting a lot of attention these past few days, so let’s talk about the relevant tape.

BTC has already tried four times to push higher from the current area but couldn’t break through. Bullish momentum is clearly insufficient, and pullback risk is building.

At 65k, this level is the midline of the larger cycle. A breakdown and a reclaim have different meanings—you need volume confirmation.

Key references right now:

- BTC 77196 (-0.43%), ETH 2525
- Resistance 65800 / 66500; Support 62800 / 61500
- Open interest is slightly declining

The suggestion is to watch from the sidelines as the primary approach; don’t chase rallies or cut during selloffs.

For this earnings report, do you lean bullish or bearish?

#合约 # Position management

For personal observation only and does not constitute investment advice.