The large pancake breaks through the psychological barrier of 100,000; is a short-term rebound opportunity coming? Don't rush, the bottom-fishing signal hasn't arrived yet!
Once the 100,000 level is breached, the market will certainly shake a bit, and the probability of a short-term rebound does increase after liquidity comes in. But don't celebrate too early; this doesn't mean the trend is reversing! Overall, it’s still a bear market, and the current rebound can at most be considered a breather in a downtrend.
Want to bottom-fish? You need to wait for these signals:
1️⃣ Moving averages to form a golden cross
2️⃣ Volume and price to align properly
3️⃣ A real breakthrough of key resistance levels
Remember, my friend, trend trading emphasizes "right-side confirmation." It’s better to miss out on a 10% profit in a bullish market than to catch a 90% potential falling knife! The market is always full of opportunities; it’s never too late to wait for the structure to develop before making a move!
