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The previously mentioned idea of a rebound above resistance has been perfectly validated with over 3,000 points. Currently, many people see oversold conditions and rush to buy the dip, but don’t forget that in a downtrend, oversold conditions are often just a brief respite; the end of the rebound is the new starting point for a decline.
Bitcoin is currently dominated by a 4-hour bearish trend, with heavy trapped positions above. If the support around 75,000 breaks, forced liquidation will push the market downward, aiming for 72,500.
Follow the trend; it’s always safer than guessing the bottom. For more details, welcome to discuss! (Focus on stability and be aware of recent data influencing factors)
(This is only personal review, not investment advice)#加密市场小幅下跌 $BTC