Today's Bitcoin Market Insights:

Bitcoin has rebounded after hitting a bottom near 111000! Whether this rebound represents a real market reversal remains to be seen, but from a data and technical perspective, it is possible. The continuous bottom divergence in the 4-hour structure RSI, along with the contract and spot candlestick charts, shows that after the formation of a new bottom in the range, the trading volume has not reached new highs, and the MACD is about to form a bullish crossover under water. All of this provides evidence for a market reversal, but left-side trading still carries too much risk, and the overall bearish trend has not been broken.

In summary, for those without their own trading system, it is recommended to remain in cash and observe! Manage risks well; surviving in the market is the only way to have a chance to stand up; watching key reactions at key positions is the trading mindset; otherwise, it's all gambling; in the market, 90% of the time is spent waiting, 9% is for planning, and the remaining 1% is for placing orders. $BTC