2.11 Morning Bitcoin Outlook

Yesterday's market movement closely aligned with expectations, showing clear characteristics: bullish momentum remained weak, multiple attempts to push higher failed to establish a stable position, and overall bearish strength still dominates. Currently, blindly chasing long positions carries higher risk. It is essential to strictly control position sizes and exercise caution when participating.

Overall trading strategy for today: focus on shorting during rebounds and follow the trend.

• Key resistance level: Pay close attention to the 70,000 mark. If it can be effectively broken and stabilized, the next target could be around 71,000–72,000.

• Key support level: Focus on 68,000. Once broken and confirmed, the downward space opens up, with the target around 66,000.
Manage your entry and exit timing and position sizes carefully.
$BTC $GT $ETH
#当前行情抄底还是观望？ #我在Gate广场过新年 #比特币反弹