Brothers, I just took another look at the BTC chart + liquidation heat map, and I want to share some of the most genuine trading logic.
Many people are currently confused.
Is BTC going to rebound or continue to fall?
In fact, from a structural perspective, there is currently no trend in the market, only two words:
Consolidation
The previous wave dropped from over 70,000 all the way down to just above 60,000, and market sentiment was shattered once.
But a real trending market must consist of continuous structures, not the current back-and-forth box market.
So the current chart is actually very typical:
Funds are harvesting sentiment, rather than following a trend.
First, let's look at liquidity.
From the liquidation heat map, we can see two obvious positions:
Upper liquidity: 70000 — 71500
A large number of short liquidations are piled up here.
Lower liquidity: around 66000
This is the defensive zone for bulls.
There is a very simple rule in the market:
Wherever there is more leverage, the price will go in that direction.
So in the short term, it is very likely to do one thing first:
Sweep the liquidity above 70000.
Next, let's look at the chart structure.
Currently, BTC is actually in a consolidation box:
Upper resistance:
70000 — 71500
Lower support:
66000 — 67000
As long as 71500 is not truly broken and held,
the essence of the entire market is still:
Consolidation repair market.
Today's trading idea:
If it retraces:
67000 — 67500
Here you can pay attention to short-term long opportunities, with a target looking at:
69000 — 70000
If the market rebounds to:
70500 — 71500
This is an obvious liquidation dense area + resistance level,
it may actually be more likely to see:
Spike → Pullback
This position is more suitable for finding short opportunities.
Finally, let me say a hard truth in trading:
What retail investors love to do most is:
Chase longs when it rises
Chase shorts when it falls
But the market loves to harvest these kinds of people as well.
Those who truly make stable profits actually do only three things:
Look at structure
Wait for positions
Control risk
Trading has never been about who is smarter, but about who is more patient.
Brothers,
Do you think BTC will first surge to 70000?
Bullish hit 1
Bearish hit 2
Let me see the current market sentiment.