On Monday, Bitcoin rebounds after hitting the bottom, aiming high but falling back!!

Hello everyone, I am your old friend Xu Bin. Every day I share analysis and practical trades. Last week, I publicly provided short-term trades every day, achieving a 26-game winning streak in short-term trades. The direction is accurate and the win rate is high, as everyone can see. We will continue to push forward in the new week.

The 4-hour chart has returned to the range for operation and is currently confirming a retracement. The weekly structure for this month still leans towards exploring highs and then adjusting to a bearish candlestick, though the process is circuitous and repetitive. After all, this is a retracement within a bullish upward trend. This will reflect more variability on the short-term chart. Given the large fluctuations, it is advisable to time trades after the European market opens. For aggressive traders, consider shorting after probing higher, while for more conservative traders, wait for a second pressure test and look for entry points based on patterns, meaning right-side trading after successfully pressing down the high point. Although you may not get in at the peak, it is relatively more stable and helps to avoid the risk of stop-loss washouts. The entry points are relatively lower.

BTC Short-Term: 106000–6500 Short, Target 103000 95000, Defense 106800 (Aggressive traders can short at the current price)

In the new week, let’s work hard together. Trading alone can easily be affected by emotions. If you find it hard to trade well by yourself, feel free to consult Xu Bin. #MichaelSaylor暗示增持BTC #山寨季何时到来？ #币安Alpha上新 #币安HODLer空投NXPC #以太坊安全计划 $BTC $ETH $XRP