#BTC has already been promoting the W-bottom for the 101st time.

Let's change our mindset during lunchtime; it has fallen to the right level, and the W-bottom has emerged. Is there still a need to short? Still the same saying: how can we define "low" without a drop, and how can we go "long"?

--- Since a rebound has occurred, let's first discuss the targets.

105300 on the left is a phase support; 106800 is a critical resistance point; 108400 is the point to initiate a decline. Any of these can serve as your take-profit level for long positions.

--- Can we short? For those who can, I tend to go for 106800/108400.

--- Two low-long entries, 103100/101500, the latter is particularly important, pay close attention!

👉 The 15-minute EMA 144/169 can be used to assess the strength of this round of correction.