June 7 Bitcoin (BTC) Thoughts: Rebound is not the bottom, it's an opportunity to short

$BTC
The current market situation, the characteristics are very obvious:
When falling, it drops decisively; when rising, it drags on and is sluggish
Every time there’s a slight improvement, it gets pushed back down, the rebound looks lively, but in reality, it hasn't even touched the key resistance levels

Entry: Around 617-621 for long positions, with a target of 626, watch 600 and 590

A true trend reversal is never "worn out"; it’s not about oscillating at low levels giving everyone a chance to buy in, but about a relentless surge upward, pushing through all resistance levels without giving the bears any breathing room

The current market is exactly the opposite

Its best skill is to give you a little hope when you’re desperate, and when you start to believe in the rebound, it shatters that hope completely.
Bullish traders are shouting about bottom-fishing every day, but when it’s really time to add positions, one by one, they start hesitating

This itself is the best proof of lack of confidence

Until the clear downtrend changes, all rebounds are just opportunities to short, not miracles to catch the bottom.
Be patient and wait for the trend confirmation; don’t consume your capital and mental state in oscillations

Strictly follow your trading plan, set proper stop-losses, and let profits run #比特币ETF单日净流出7272枚