BTC stands at $65000, but there are still three major pressures on the funding side

BTC has risen to $65000 again, and short-term sentiment has improved, but the funding situation has not completely turned optimistic. On one hand, the current market is experiencing a continued rebound trend, while on the other hand, several key pressures are still being released. Investors need to pay more attention to the position rather than blindly chasing the rise. Three key data points: 1. BTC breaks through $65000, but there is still selling pressure above BTC is currently around $65600, up about 5% in 7 days, while ETH and SOL have rebounded simultaneously, indicating that market risk appetite is recovering. But the range of $65000-66000 is still an important game area, and if it cannot be firmly held after breaking through, it is easy to take profits. Operation: Already held: Can continue to hold, pay attention to the support of $65000. Want to enter: Don't chase high directly, wait for a retracement in the $64200-64800 range. Falling below $63500, consider reducing your position. 2. Funds flow back, but institutional selling pressure still needs to be monitored The market cleared over 1 billion US dollars within 24 hours, with a high proportion of short positions being liquidated, indicating that the recent rise is mainly due to short covering. At the same time, signals such as government address transfer funds and institutional address fund changes indicate that there is still potential selling pressure above the market. Operation: Do not bet on breaking through the market with a full position, it is recommended to control the single trading position. 3. Macro risks may still amplify volatility The expectation of a Federal Reserve interest rate cut, geopolitical conflicts, and the end of month FOMC meeting remain important variables affecting market direction. If the risk event escalates, BTC may quickly rebound. What should we do next? The method of "price warning+batch trading" can be adopted: ① BTC breaks through $66000 and stabilizes: → Follow to operate in the $68500-70000 region. ② BTC retraces $64200-64800: You can consider a phased layout and not invest all the funds at once. ③ Below $63500: Suspend adding positions and wait for confirmation of new support. For short-term traders, price reminders can be set in advance; Experienced users can also use conditional orders or automated ordering tools to avoid emotional pursuit of gains and losses. The current market is not without opportunities, but has entered the 'breakthrough confirmation stage'. Controlling positions and waiting for prices to provide answers are more important than predicting the market. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.