The decline is not an overnight occurrence, otherwise how can more people be trapped?

Most people cannot distinguish what determines the price, and trading leads to blind panic/fear.

So now, "How to trade after a drop and rebound? How far can it rebound?"

💖 First, let's look at BTC. Last night, the long position on the left side lost at 998, and I didn't trade while sleeping at 98k.

When I woke up, it rebounded but was also suppressed by the moving averages.

Pay attention to the long-short reversal around 1035. The downward trend line is also a support turned resistance that has been tested multiple times before. When the price reaches it, observe the closing line, and you will know how the market will move.

Will it rebound to the top and continue the four-hour level downtrend 📉, or will it show a wide fluctuation aiming for new highs? Pay attention to what reaction 1035 gives.

💙 Heat map shows bearish liquidity at 1035.

The rebound around 98k last night may trigger a liquidation of shorts upwards, resonating with 1035 on the market.

Tonight, the US market is very likely to decide whether this wave is a false breakdown followed by continued fluctuation (aiming for new highs) or a downward rebound. Just pay attention to 1035.

🧡 ETH broke through 2385 directly a couple of days ago, which shows the benefit of not holding positions.

If it really breaks, you will have hung up at the high point. Always be careful with left-side positions.

I slept through the rebound at around 2130 and didn't take it. The positions I did take were gradually reduced.

After the drop and rebound, the key level to watch is around 2300. The upward section is a blank area. A breakout can allow for right-side long positions aiming for the starting drop point of 2384 and 2450, reducing positions in batches.

MACD is below the zero axis; long positions are against the trend. Anyone caught in the rebound, whether in spot or contracts, should reduce positions (unless you want to be stuck in a crypto trap for at least a year).