$BTC

Don't think that a rebound means a reversal

The decline of BTC has not yet ended

Currently, BTC is experiencing a stop-loss rebound around 100300, and it has rebounded to around 102900, with a rebound amount of 2600 USD. Don't think this is a reversal signal; last time BTC stopped falling at 103000, it rebounded to 106700, with a rebound amount of up to 3700 USD, and ultimately did not reverse. Of course, this time the rebound might be slightly stronger than at the 103000 level, as it has just touched the lower Bollinger Band. For this rebound, I personally see two levels: the first level around 104000, and the second around 105700, with the maximum being around 105700. If it goes down, I see it around 96000.