#MarketRebound
Bitcoin's recent short squeeze and rising trend channel suggest an imminent upward move.
Blueprint:
* Signal: High-conviction buy for a day trade.
* Asset: Bitcoin ($BTC), a large-cap asset suitable for capital preservation.
* Confluence:
* Technicals: Rising short-term trend channel and a prevailing 1-week buy signal.
* Derivatives: Significant short liquidations ($330M+) and negative options skew indicating bullish speculation.
* On-Chain (Inference): "Taker Buy Dominant" over three months suggests sustained accumulation.
* Strategy: Day trade with a target of 15-30% gain. Leverage Bitcoin's established liquidity and market dominance (63.6% of crypto market cap) for a high-probability setup.
* Risk: Capital preservation profile, targeting a 70-80% probability setup.