$BTC 7.28 AM Big Brother’s thinking

Yesterday’s idea was to look for a move south from around 655, with the target around 635. On the chart, the lowest low in the low area was 633. The southbound thesis was perfectly validated. In the short term, the thinking stays unchanged—just keep waiting for an opportunity.

On the 4-hour timeframe, this rebound in the current cycle was stopped early by encountering resistance below the Bollinger midline. Price then used a large bearish candle to directly break through the Bollinger lower-band support. Short-side strength was concentrated and released; the pullback continuation pattern has already been confirmed. For execution, stick to “sell on the rebound” as the main approach. Don’t blindly try to catch the bottom—strictly do a good job with risk control.

Trade reference: the 644-647 zone, target 630-625.

If the rebound suddenly strengthens, then wait until the market stabilizes before entering.