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Bitcoin surged in the afternoon but faced resistance and pulled back. Short-term bullish momentum is insufficient, and selling pressure at high levels continues to increase. Currently quoted at 71,680, with limited room for a rebound. Do not blindly chase longs!
The overall strategy remains focused on selling high and buying low. Strong resistance above 72,000 is effective, and rebounds are opportunities to establish short positions.
Trading suggestions:
Bitcoin: Sell in batches at 71,800-72,300 on the rally, add to short positions if it breaks above 72,500. Target 70,300-69,800, with a furthe