Today's BTC Trading Strategy
Shorting Opportunity: If the rebound is blocked near 68,850, consider shorting with a stop loss at 69,200 and targets at 68,200/67,700/67,000, with a risk-reward ratio of approximately 2.3. The reasoning is that the 69,000 zone is a previous support level that has turned into resistance, and it also aligns with the SMA moving average. The overall bearish structure remains intact, making the rebound an opportune moment to short.
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