💥$BTC Family, don’t rush in yet! Nannan has to pour a bucket of cold water on you—this Bitcoin rebound is very weak!



Currently, Bitcoin is still in a weak recovery phase. Today, it hit a high of 60325 but clearly couldn't go any higher. The selling pressure above is like a mountain pressing down hard, and bullish momentum can't keep up at all. This kind of rebound strength simply can't sustain a continued uptrend, and the upside potential is clearly limited.

Nannan seriously reminds: Do not blindly chase highs at this stage! The worst thing in trading is to act on impulse. Entering long positions now has extremely poor risk-reward and can easily trap you at the top. What we need to do is follow the trend and patiently wait for signs of resistance and stagnation during the rebound.

Nannan’s trading strategy: Wait for a rebound to the 60500-61000 area and set up short positions. The first target is 59000-58500.
BTC-0.91%
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