#BTC☀ Rebound!

German government's massive sell-off loses steam, market rebounds!

Bitcoin is recovering strongly after a brief downturn, and experts predict a bullish trend ahead.

Here are the latest news:

- The German government sold over 25,000 $BTC, causing a temporary drop in prices.

- The market quickly absorbed the impact and began to rebound.

- The German government still holds 16,000 BTC, worth $823 million.

- Positive US employment data indicates a possible rate cut, boosting sentiment.

- Institutional investments in spot Bitcoin ETFs and Ethereum products are expected to increase soon.

With bulls taking the lead, Bitcoin is expected to rebound sharply.

Buy: Buy near price 57,700, with a target price of 59,000-60,000.

Stop loss: Consider exiting with a stop loss if the price falls below the lower Bollinger Band at 56,991.4.

Adding position point: If the price breaks through 59,449.6, you can consider adding positions after confirming the breakthrough, with a target price of more than 60,000.

Get more real-time information on high-quality strategies, click to follow and don’t get lost