#BTC资金流动性 Daily oversold signal, I have reviewed the actual movements of the past several times
Key insight: Mainstream coins like $BTC tend to give a positive response when in oversold territory. The current position is also very likely respecting this signal, but there's a common pitfall—oversold does not equal trend reversal.
I have gone through five past oversold scenarios: - Rising from the bottom - Relay during an upward process - Rebound within a consolidation range - Technical rebound after a breakdown - Recovery near previous lows
To be honest, the current market looks more like the last two—rebounds within a downtrend, not a reversal. This is very important.
A few operational details to note:
**1. Oversold signals can be observed, but don’t confuse them with reversal signals** Currently, the rise is a rebound, not a buy point or reversal. Confusing the two can easily lead to getting trapped.
**2. A true trend reversal requires two conditions** Effective breakthrough of key resistance levels + moving average turning points, both must be satisfied. Missing either one doesn’t count.
**3. Treat this as a rebound for now** Maintain the original trading approach, avoid excessive aggression. The daily chart rhythm is still in an adjustment phase.
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SignatureCollector
· 3h ago
Oversold rebounds are indeed useful, but you really need to distinguish clearly between a rebound and a reversal; otherwise, you might accidentally buy at the top.
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GasFeeCrybaby
· 3h ago
A rebound ≠ a reversal. That's a brilliant point—so many people get trapped in this pit.
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NFTArchaeologis
· 3h ago
A rebound is a rebound, but the trend hasn't reversed yet. Don't overthink it.
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SolidityNewbie
· 3h ago
A rebound is not a reversal, and this time I'm going to get caught again, just as deep as the pits I stepped into before.
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OnlyOnMainnet
· 3h ago
Oversold rebounds do not equal reversals; this needs to be understood thoroughly. I’ve stumbled here before.
#BTC资金流动性 Daily oversold signal, I have reviewed the actual movements of the past several times
Key insight: Mainstream coins like $BTC tend to give a positive response when in oversold territory. The current position is also very likely respecting this signal, but there's a common pitfall—oversold does not equal trend reversal.
I have gone through five past oversold scenarios:
- Rising from the bottom
- Relay during an upward process
- Rebound within a consolidation range
- Technical rebound after a breakdown
- Recovery near previous lows
To be honest, the current market looks more like the last two—rebounds within a downtrend, not a reversal. This is very important.
A few operational details to note:
**1. Oversold signals can be observed, but don’t confuse them with reversal signals**
Currently, the rise is a rebound, not a buy point or reversal. Confusing the two can easily lead to getting trapped.
**2. A true trend reversal requires two conditions**
Effective breakthrough of key resistance levels + moving average turning points, both must be satisfied. Missing either one doesn’t count.
**3. Treat this as a rebound for now**
Maintain the original trading approach, avoid excessive aggression. The daily chart rhythm is still in an adjustment phase.