⚠️ Don't open a new trade without reading this.

The CPI data is out, and Bitcoin has bounced strongly from the recent crash. However, I don't think this is the right place to blindly enter leverage trades.

📍 Current $BTC Price: ~$63K

🔸 Minor Resistance: $63.5K

🔸 Major Resistance: $65K & $68K

After a sharp dump, Bitcoin often rebounds aggressively, sometimes 10K–20K points, but these moves usually come with weeks of volatility and choppy price action. June and July may remain highly volatile.

🎯 My Levels

✅ $60K–$61K → Strong Spot Buying Zone

✅ $65K → Take Profit on 50% Position

✅ $68K → Close Remaining Position & Watch for Short Opportunities

I am not chasing FOMO. Spot positions are much safer than leverage right now.

If #BTC pulls back from $63K–$63.5K toward $60K–$61K, I will continue accumulating spot positions. If it pumps directly to $65K, I will secure 50% profit from my previous entries.

🚀 SpaceX IPO Update

Many traders are asking about the SpaceX IPO.

Yes, the hype is massive and a short-term pump is possible after listing. However, at a valuation near $BTC 1.75 Trillion, a significant amount of future growth may already be priced in.

For me,this is not a blind FOMO opportunity. If the IPO opens too high, the risk of sharp volatility and correction increases significantly.

My strategy is simple:

✔️ Let the market react first.

✔️ Avoid emotional entries.

✔️ Wait for better risk-to-reward opportunities.

🤝 I am staying on the sidelines for now.

📊 ETH and SOL are likely to follow Bitcoin's direction, so keep a close eye on $BTC before making decisions on altcoins.

— Asadxxo 📈