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#BTC Yesterday's trend first saw a slight rebound, then oscillation, and in the evening continued to weaken, reaching a low point before slowly oscillating again. The arrangement initially was a slight rise followed by a consolidation totaling 900 points, and in the evening, after adding to the position at the low and a rebound in the early morning, some positions were reduced in advance. Currently still waiting. So, will there be a few more rebounds?
From a structural perspective, there has been no trend reversal; the previous resistance at 794 has turned into effective support, and there has been no breakdown so far. The four-hour Bollinger lower band also has not expanded, and the consolidation does not have continuity. The key points are the two support levels at 794 and 785—if these two critical supports are not broken, then the rebound outlook remains, and in the early morning, focus can be on defending around the 794 support.
Look for a rebound near 797, with targets around 808 to 815.