Explosion! The quality of BTC's rebound depends on this K-line!
The three-day line of $BTC now looks a bit like the initial stage of a rebound. The first K-line has already shown some signs of rebound, but don't get too excited just yet; the key is to see how it performs tomorrow.
Tomorrow's closing price must hold above 110,000; if it can close above 112, it will be even more stable, making the bottom basically confirmed. Even if the price fluctuates back and forth in the coming days, as long as each high is higher than the last, this rebound can be considered healthy. It's normal for the initial two or three K-lines at the bottom to be sluggish; don't panic and sell at the first sign of a pullback.
However, other indicators also don't look very promising on Friday, so don't blindly chase the price up. The most important thing now is to closely monitor the two price levels of 110,000 and 112. 110,000 is the lifeline; if it breaks below that, the rebound might lose momentum; 112 is a confirmation signal, and only if it stands above that will there be potential. It’s not too late to increase your position once the structure stabilizes; after all, confirming the bottom takes time, so there's no need to rush.
The market changes every day, so don't let your mindset become too tense. If you always feel like you're a step behind, or if you're disturbed by market noise, feel free to reach out for a chat.
