BTC Trend Analysis: The rebound faces challenges, the core target remains clear
Although BTC's recent rebound momentum has encountered resistance at key technical levels, the overall technical structure has not fundamentally changed. Maintaining the previous judgment: the primary target for the daily level rebound still looks at the $117,000 line, and the current movement can be seen as a consolidation phase before the breakout.
Key position response strategies:
If blocked and falls back: If the price continues to be constrained by the 'midline' pressure and shows weakness, consider short-term short opportunities.
If strongly breaks through: Once the midline is broken with volume and stabilizes above the previous high, maintain the judgment of range oscillation and it is recommended to remain on the sidelines.
Key operational strategies:
Short when blocked: If the price cannot effectively break through and stabilize above the illustrated 'midline' resistance, it can be seen as a short opportunity for speculation.
Observe the breakout: If there is a volume breakout of the 'midline' and successfully stabilizes at the left rebound high point, it proves that the large-scale oscillation is still continuing, at this time, one should patiently wait for the market to show a clear trend and not blindly chase highs and sell lows.
