BTC

You all take a look at this BTC trend

Previously, there was a large cyclical trend line that broke down, and the market showed a downward deviation, then continued to crash down. Last night, there was a significant rebound, showing a clear pullback in the market.

Observe my chart; the downward trend line is still in a breakdown pattern, and the overall market on the daily chart is still bearish.

The trend line resistance above still exists, and a butterfly pattern of harmonic movement is about to appear here. Continue to be bearish on the current pattern, and I expect the market will see a C position.

BTC

Short position around 105000

Stop loss: 106500

Take profit: around 104020, 102533