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BTC is currently trading at around $66113, up 1.34% in 24 hours, with a intraday high of $66956. There is a change in this round of price increase: Prices continue to strengthen, but funds are starting to cool down. The BTC funding rate has decreased from+5.5bp 3 days ago to -0.123bp, and the long position leverage has significantly decreased; The long short ratio decreased from 1.62 to 1.23, resulting in a decrease in chasing funds; Within 24 hours, the entire network experienced a stock explosion of approximately 856 million US dollars, with both long and short sides switching hands drastically. This indicates that the market has not weakened, but in the short term, we need to wait for confirmation of new funds. Next, focus on two trading positions: ① Step back opportunity If BTC falls back to the $65000-65500 range and shows signs of stabilization, you can pay attention to opportunities for a rebound. Objective: 67000 US dollars → 68000 US dollars ② Breakthrough opportunities If BTC breaks through $67000 and stabilizes, it indicates a resurgence of buying. Follow: 68000 US dollars → 70000 US dollars Suggest setting up price alerts in advance: BTC ≥ $67000: Remind of breakthrough opportunities and observe whether to follow the rise; BTC ≤ 65500 USD: Reminder for retracement opportunities, pay attention to low level consolidation; BTC ≤ 64200 USD: Remind of trend changes and re evaluate positions. The current market is not without opportunities, but has transitioned from the "chasing price stage" to the "waiting for key price triggers stage". Price signals, funds make decisions. Focusing on key positions is more important than predicting every candlestick. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.
