$BTC Next step?
Everyone: The spot has been completely cleared
Current thinking is clear:
• The strength of this rebound is below expectations, with 112 as a key level, which has not yet been broken, but in the medium term, it is not a good time to enter; it is likely to show box fluctuations (operating in the 112 - 12 area), but I do not want to ignore risk management for this period of fluctuations.
• The weekly pattern is not optimistic; instead of participating blindly, it is better to wait for the structure to become clear first.
• There is significant resistance above during the rebound, while the only support below relies on the 110,000 lifeline.
• The rebound strength at key positions is too weak; rather than relying on news, we should return to the main line K-line analysis.
Trend judgment:
• A trend reversal requires stabilization above 118.
• Confirmation of a bearish trend requires a closing below the 110,000 daily line.
Current position status:
• Only holding a small amount of altcoins and BGB.
• All other spots have been cleared, leaving a small amount of BTC (bought at 76) and a small amount of ETH (bought at 2200).
Patiently waiting for updates