BTC's recent moves are too slick! On the surface, it seems like it's breaking the trend line and heading for disaster!
In reality, it's a 'fake drop' trap set by the main force, specifically designed to harvest short positions and stop-loss orders. Now that the liquidity below has been completely swept away, it's bouncing back directly.
This week, there’s a high probability it will push up to the key resistance zone of 95700-96400. Once retail investors chase the rise enough, it will likely dump back for a correction.
96400 is a hurdle; if it breaks through, it might head straight for the 100,000 mark, but there are too many profit-taking positions accumulated in the short term. I bet this wave will peak and then retreat!
Don’t be fooled by the short-term rebound; either wait for a breakout before getting in or make sure to trade short-term; don’t be the high-level bag holder!
Are you stuck? When to bottom fish? Still the same saying, feeling lost and helpless and don’t know what to do, click on the avatar to comment. I need fans, and you need references.
I will continue to ambush strong coins; if you want to follow the strategy 🚙: 111
Pay attention today: btc eth sol