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Bitcoin has already broken through the key resistance level of 67,300, and it has started to consolidate sideways above 67,300, indicating that there are still buyers at higher levels.
Currently, market sentiment is not bad, and the funds that flowed out over the weekend are gradually flowing back in. At this pace, after the US stock market opens, this sentiment is likely to continue for another wave.
Therefore, the target levels can be slightly raised: consider placing short positions around 68,200, with a strong resistance level at around 69,300.
At the current price, you can first try shorting with a small position; if the price moves higher to a higher level, gradually add to your position.
The overall strategy remains the same — go long to catch a rebound, and go short to follow the trend. $BTC
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