Last night, the price broke below the upward trendline and dipped back. Usually, after a break, there is a rebound to test the trendline resistance, which is the supply and demand zone shown above! Trading Strategy: Short entry point: around 67200, stop-loss level: around 67400. Based on recent market analysis, I have mainly been taking short positions. The overall trend remains bearish, and in a downtrend, it’s important to follow the trend.
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Market Analysis: $BTC (2026-2-19)
Last night, the price broke below the upward trendline and dipped back. Usually, after a break, there is a rebound to test the trendline resistance, which is the supply and demand zone shown above!
Trading Strategy:
Short entry point: around 67200, stop-loss level: around 67400.
Based on recent market analysis, I have mainly been taking short positions. The overall trend remains bearish, and in a downtrend, it’s important to follow the trend.