Bitcoin has bounced back strongly and is trading around the $66Kโ67K zone after recovering from last week's selloff. The recent rally is being supported by whale accumulation, institutional buying, and improving market sentiment. Ethereum has also shown strength with a sharp recovery from recent lows.
๐ What I'm Watching Today:
๐น BTC Support: $64Kโ65K
๐น BTC Resistance: $68Kโ70K
๐น ETH Resistance: $1.9Kโ2K
๐น Market sentiment turning cautiously bullish
๐ฏ My Short-Term View
If Bitcoin holds above $65K, we could see a push toward $70K+ in the coming days. However, traders should remain cautious because the market is still below major long-term resistance levels and volatility can return quickly.
๐ก Trading Strategy
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Avoid FOMO buying after big green candles
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Use stop-loss on every trade
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Focus on strong coins like BTC, ETH, BNB, SOL
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Keep some USDT ready for dips
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Take partial profits instead of waiting for the absolute top
๐ฅ Smart money accumulates during fear and manages risk during greed.
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