BTC Real-time Observation
Let's talk about the current real-time market of BTC! The momentum of this rebound is clearly insufficient, and it feels a bit weak.
From the current situation analysis, I think this rebound is a bit 'hollow', and it is likely to go down further.
Based on my experience, in such a scenario of weak rebounds, we need to consider timing our short positions and go with the trend.
Operation suggestion: around 113300 - 113000. The initial target is to look towards around 112300 - 112000.
However, if BTC strongly breaks through 113500, the entire trend might change, and our strategy will need to adjust accordingly. In this case, it indicates that the bullish power is stronger than we expected, and the subsequent market might surge up again. Therefore, everyone must pay close attention to the key level of 113500. Be prepared for defense.
