From the daily level of BTC, the rebound has reached a critical position. Only by breaking through and stabilizing above the daily MA30 can the trend return to the upward channel, and this round of correction will end. Conversely, if it cannot break through and is suppressed by the MA30, it will face another pullback.
Therefore, it is not recommended to chase after the price when BTC rebounds to around 117k; it is necessary to first observe whether it can break through and stabilize.
In the evening, a short position can be considered near the 117k level, and aggressive traders can enter with a light position around the 116.5k level, targeting 115.7k, 114.3k, and 113k. $BTC #比特币流动性危机