Currently, the rebound is essentially a process of short covering, not a sign of a trend reversal. Looking at the chart: trading volume is average, buying pressure can't keep up, and there’s no clear defensive strategy. The resistance levels above are still firmly holding, and the price can't break through. This rebound is just a trap to lure in short sellers.
Once the rebound momentum is exhausted and support levels below collapse, the market is likely to continue downward. The overall pattern remains — weak oscillation, with the center of gravity constantly shifting downward. Short-term ups and downs can confuse people, but from a broader perspective, the direction is quite clear.
📊 My trading plan: - When BTC reaches the 86,000–86,500 range, consider shorting - First target at 84,000 - If 84,000 is really broken, keep an eye on 82,000
The key is not to be led astray by short-term fluctuations. Follow the overall trend and be patient — that’s the most important thing to do at this stage.
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#美国证券交易委员会推进数字资产监管框架创新 Bitcoin's recent surge, don't be fooled
Currently, the rebound is essentially a process of short covering, not a sign of a trend reversal. Looking at the chart: trading volume is average, buying pressure can't keep up, and there’s no clear defensive strategy. The resistance levels above are still firmly holding, and the price can't break through. This rebound is just a trap to lure in short sellers.
Once the rebound momentum is exhausted and support levels below collapse, the market is likely to continue downward. The overall pattern remains — weak oscillation, with the center of gravity constantly shifting downward. Short-term ups and downs can confuse people, but from a broader perspective, the direction is quite clear.
📊 My trading plan:
- When BTC reaches the 86,000–86,500 range, consider shorting
- First target at 84,000
- If 84,000 is really broken, keep an eye on 82,000
The key is not to be led astray by short-term fluctuations. Follow the overall trend and be patient — that’s the most important thing to do at this stage.