Family, as this round of market has gone this far, are you a calm trader, or an emotional liquidator?
Many in the market are shouting 'the pullback is over, it's time to buy the dip,' but I just want to say: the rebound you see is a short's respite, not a bull's rebirth.
This wave of BTC decline is not an end, but the beginning of a larger decline.
One, structure precedes price; the trend is already clear.
BTC's current structure has clearly entered the Markdown phase:
The previous top at 112000 was the distribution peak;
The current retracement is not a bottom, but the last supply test to replenish the FVG area;
Every rebound gets stuck in the FVG supply zone (105400~105800), unable to go down or up, a typical bait for longs.
The structure has turned bearish;
Internal structure shows: bearish liquidity distribution is still not fully released;
Before breaking 103800, do not rule out repeated baiting tests.
Two, technical indicators: cyclical resonance downward, still dominated by bears.
From the MACD and Stoch RSI from 1H to 1D:
1H/2H/4H indicators are all diverging, with very weak bullish rebound momentum;
8H~1D MACD death cross continues, Stoch RSI is stalled at high levels, volume-price coordination continues to diverge;
Lack of signs of bullish turnover, with funds still flowing out during the day.
A rebound only provides a better exit opportunity for those short, not a reversal signal for bulls.
Three, strategy suggestions: wait for the bottom, short with evidence.
📌 Short position opportunity:
Entry range: 105400~105800 (FVG overlapping supply zone);
Stop loss suggestion: above 106000;
Target range: 103800~104200;
📌 Mid-term layout for short positions:
If it breaks below 103800, you can add positions, targeting the structure bottom around 98000~100000;
If it can't stabilize above 104500, set a protective take profit and reposition.
📌 Long opportunity?
Not recommended for now.Only consider mid-term long positions if BTC breaks 98000 and builds a Spring+Test structure.
Four, what is the essence of this market trend?
A structural 'rebound trap' to bait longs, is to hit harder.
Many people ask me: 'Is it time to buy the dip?'
I just want to say: trends are not judged by feelings; the structure changes first, then the price follows.
What you see now is a structurally confirmed bearish continuation, not a bottoming accumulation pattern.
Buying the dip is not in place; it only makes you lose faster.
Five, trading insights: don't be a slave to emotions.
I've seen too many traders chase highs and kill lows, FOMO on surges, and break down on drops.
When I was at my worst, my account crashed from over 100,000 USDT to only 30,000 USDT; one wrong step leads to more mistakes.
What I have endured is not luck, but:
Have a system for entry and exit rules;
Strictly implement stop loss and take profit;
Never trade in the ambiguous zone—if you don't understand, stay out of the market.
If you're still trading based on feelings, brother, I advise you to leave early. This is not a gambling table; it's a battlefield.
Six, a note at the end:
You cannot earn money beyond your cognitive range.
You also cannot withstand volatility beyond the system.
📌 My advice:
Don't chase long, don't fantasize; this is not the bottom.
If you have a system, trade according to the system; if you don't have a system, wait for the next trend confirmation.