Now that the index has reached the daily level FVG, it is still a bullish pattern here.
The main critical point for maintaining the bullish stance is not to break below the 4-hour MA100, which is in the 106.3k range. As long as the price remains above the 106.3k range, I believe it is still a bullish trend.
Currently, the rebound strength is indeed very weak, with selling pressure at 108.5k above and support at 106.3k below, making these two points the current key levels.
Entering a trade tonight, buying in the 106.3k-106.8k range, with targets at 108k and 108.5k.
If the 4-hour close tonight stabilizes above 108.5k, this pullback will be complete, and we will continue to look towards 109.5k and 110k. $BTC