Yesterday's judgment was wrong; strict stop-loss measures should be implemented, and avoid holding onto losing positions.

Did Bitcoin plunge again last night, resulting in heavy losses? This is how you should handle it today.
Trend Analysis: BTC's short-term rebound faces a critical resistance, with fierce battles between bulls and bears. The market is entering a phase of direction selection, and a clear breakout signal is needed.
Key Technical Signals: MACD golden cross has formed, indicating a slowdown in short-term downward momentum. Bulls are slightly warming up, but strong resistance on the upside is evident, and the sustainability of the rebound needs to be verified.
Key Levels: Current price 69,031; Strong resistance (bull-bear dividing line) @E5@ 70,500 (Bollinger upper band + previous high); Support below at 68,000-68,500.
Trading Strategy:
1. Breakout to go long: Break above 70,500 with increased volume, lightly add to long positions, target 71,500-72,000, with a stop-loss below 69,500.
2. Resistance response: Encounter resistance around 70,500 and pull back, lightly try short positions or wait and see, target 68,500.
3. Conservative approach: Until breaking above 70,500 or falling below 68,000, mainly observe, avoid chasing rallies or panic selling.
Analysis Summary: Short-term trend favors a rebound. The success of the market depends on whether the 70,500 resistance can be broken. Until a clear breakout occurs, heavy position trading is prohibited; wait for a confirmed opportunity.