Last night, Bitcoin showed oversold conditions on the 4-hour chart, coinciding with previous lows and the EMA55 support level, leading to a slight rebound in the market.
I participated at this level, but I only see it as a short-term opportunity.
For a million-level position, I believe the price has not reached the ideal level yet. My goal is to wait for it to pull back near the EMA100, and then assess the market conditions to determine if there are opportunities with a higher risk-reward ratio.
