#数字货币市场回调 After BTC rebounded from the bottom last night, it went on a one-sided rally, surging to around 91,900 in the early morning and now stabilizing at 92,800. This single move gained nearly 10,000 points.

However, to look at it calmly, this round of rebound seems more like an oversold bounce after the previous sharp drop. The price is still hovering below a key resistance level and hasn't truly stabilized. If the subsequent upward momentum weakens, the gains could easily be given back. How long the current recovery can last is the real question.

In terms of risk-reward ratio, the current position is more suitable for short entries on rallies. Consider entering shorts in batches if it rebounds to the 93,000-93,800 range, targeting 91,000 and 90,300, with an extreme scenario possibly retesting 88,000. $BTC

BTC2.41%

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DeepRabbitHole

· 20h ago

It's the same old rebound trick again, why do we keep falling for it? Just looking at a chart makes you want to short? Better check the order book first. Getting excited over a 10,000-point pump, but it can drop back just as quickly. If the key resistance at 93800 isn't broken, I don't believe this rebound is real. If it really drops to 88000, that would be the perfect time to buy the dip.

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SatoshiLeftOnRead