Weekend entry points accurately lead to a rebound, take profits first and wait for the next signal📶
At major support or resistance levels, generally, the first touch can be entered without thinking, as there is a very small probability of a direct break, so yesterday I advised everyone to trade on the left side.
The same position cannot be traded on the left side today; it must test the support that cannot be broken before proceeding with right-side trading.
Therefore, during the trading process, the real strategy must be adaptable and not blindly follow the pattern!
As for many brothers asking whether they can continue to short after a rebound🈳, my personal suggestion is that the current position is not comparable to other situations, being too close to 100,000; the market can reverse at any time. It’s better to wait for a break below 100,000 to enter a short position. If it can break the phase trend line within 24 hours, then it can be considered the end of the phase downturn.
Key downward focus: 1005-1016
Key upward focus: whether it can hold above 104! $BTC