$BTC Don't think that a rebound means a reversal

The decline of BTC has not ended

Currently, BTC is rebounding around 100,300, and it has already rebounded to around 102,900, with a rebound amount of 2,600 USD. Don't think this is a reversal signal. Last time BTC stopped declining and rebounded at 103,000, it rebounded to 106,700, with a rebound amount as high as 3,700 USD, but ultimately it did not reverse. Of course, this time the rebound might be stronger than the 103,000 position because it just happens to have landed on the lower band of the Bollinger Bands. In this rebound, I personally see two positions: the first position is around 104,000, and the second is around 105,700, with the highest being around 105,700. If it goes down, I see it around 96,000.

I firmly believe that the big drop has not ended. I think this month will mainly be about declines, and it will at least drop until the end of the month. The specific amount of decline will be referenced based on actual conditions.

The above is merely a personal prediction and should not be taken as trading advice. Predictions carry risks, and there are time lags and directional errors; this is for reference only.