3.24BTC rebound appears strong, but actually conceals risks, shorting win rate 80%!


Current price $70500-$70900, the rebound is all a bull trap!
Rebound does not equal reversal, it's just a bull trap!
Daily long upper shadow + converging triangle endpoint, both previous breakouts failed with sharp crashes, structure bearish pressure overhead
Weak volume, ETF net outflows, only a technical rebound from shorts liquidating longs, no fundamental support
Fear and Greed Index still in extreme fear, 40x leverage liquidations cleared at peak, bulls have no follow-through
Conclusion: $71500-$72000 short directly! Stop loss $72500, take profit $69500-$68500!
Next 1-2 days reversal, one-way shorting win rate far higher than longing, chasing rallies will get trapped!
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