【Pullback Confirmation】$BTC 66K support is effective! Higher lows are being formed, can the bulls strike again and challenge 70K?
$BTC/USDT quickly pulled back to the 66K liquidity area after being blocked at the 69K supply zone, followed by a swift buying intervention that triggered a V-shaped rebound. The 30-minute chart has clearly printed a 'higher low' structure, indicating the end of a short-term adjustment. The current price is oscillating around the 67.3K midpoint, and if it can stabilize above the 67.1–67.3K support zone, it will initiate a new round of attack on the 69–70K resistance zone. 15x leverage must be paired with strict risk control, be wary of high-level washouts.
【Trend Following Strategy】
🟢Entry Zone: 67,200 – 67,600
🔵Target Levels:
🔵 68,500
🔵 69,200
🔵 70,100
🔴Stop Loss Line: 66,190
🔴Short Reference: (only for extreme counter-trend attempts after breaking support)
Logical Analysis:
This signal is based on 'liquidity pullback + micro-structure reversal'. 66K is the psychological defense line of major funds, and the quick rebound proves that the bears lack the strength to plunge deeply. The 30-minute higher lows have established a short-term upward trend, and 67.2–67.6K is the pullback confirmation zone after the breakout, which is also the golden pit for entering in the direction of the trend. The stop loss of 66,190 is set below the higher lows; if it breaks, it means a false breakout; the target of 70,100 corresponds to the densely trapped area of the previous highs, and stabilizing at 68,500 will open up the acceleration channel.
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