$BTC Weak rebound, beware of pullback, short on rallies


BTC is on its fourth day of rebound, but has yet to break through the 72,000 resistance level. The highs are gradually decreasing, and the 4-hour chart shows a converging triangle pattern. The market remains within a daily-level consolidation range; if it cannot break above 72,000 for a prolonged period, it will inevitably seek support lower.
Strategy: Take profits on long positions at lower levels; those bearish should short on rallies.
BTC-0,71%
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