#数字资产行情上升 Thursday Morning Note | BTC Rebound Imminent, Don't Rush to Short at Low Levels
A new day has arrived. BTC continued its weakness last night, dropping to around 90600 in the early morning before stabilizing, and has now recovered to around 91200. I was optimistic about the uptrend yesterday, but the market didn't cooperate, and unfortunately I didn't take profits out of greed, ultimately taking a loss. The bottom is now confirmed, and the probability of a short-term rebound is increasing.
From the daily chart perspective, after consecutive gains came a large bearish candle. Although the pullback magnitude is notable, it's just a single candle and doesn't constitute a trend reversal. More importantly, on the 4-hour level, BTC has pulled back to the support zone of the Bollinger Band lower band and hasn't continued to drop, indicating limited downside space. Continuing to chase shorts at this point easily gets caught on the wrong side, so caution is needed.
**Thursday Morning Strategy**: Buy BTC in the 91000-90500 range, with targets toward 93000-95000 levels.
$BTC at this stage requires time for the rebound to develop, but the direction is becoming clearer. To be frank: there are no shortcuts in trading, only patience takes you far. Don't dream of overnight riches; stable profits are the right path. The market will test your character—stick to discipline, and profits will naturally follow.
#数字资产行情上升 Thursday Morning Note | BTC Rebound Imminent, Don't Rush to Short at Low Levels
A new day has arrived. BTC continued its weakness last night, dropping to around 90600 in the early morning before stabilizing, and has now recovered to around 91200. I was optimistic about the uptrend yesterday, but the market didn't cooperate, and unfortunately I didn't take profits out of greed, ultimately taking a loss. The bottom is now confirmed, and the probability of a short-term rebound is increasing.
From the daily chart perspective, after consecutive gains came a large bearish candle. Although the pullback magnitude is notable, it's just a single candle and doesn't constitute a trend reversal. More importantly, on the 4-hour level, BTC has pulled back to the support zone of the Bollinger Band lower band and hasn't continued to drop, indicating limited downside space. Continuing to chase shorts at this point easily gets caught on the wrong side, so caution is needed.
**Thursday Morning Strategy**: Buy BTC in the 91000-90500 range, with targets toward 93000-95000 levels.
$BTC at this stage requires time for the rebound to develop, but the direction is becoming clearer. To be frank: there are no shortcuts in trading, only patience takes you far. Don't dream of overnight riches; stable profits are the right path. The market will test your character—stick to discipline, and profits will naturally follow.