Has the BTC market rebound signal started? After Bitcoin defended 100305, the market began to rebound on Friday. Although the old horse and the golden retriever are at odds, the market started to stabilize after a big wave of fluctuations and declines. This wave of decline has seen a significant amount of long positions liquidated based on the data!

This is how the market works; when a large number of short positions are entered, capital often hedges. Long Brother pointed out in the last article that Bitcoin should short around 106000 in the last wave, while Ethereum could short at 2580 to gain a profit. This wave indeed captured a profit!

At this stage, BTC's rise can be described as very slow, with two possibilities: the capital market is slowly accumulating low-priced chips, waiting for a big surge when it reaches 105000, and then shorting at the high point of 110000. The second possibility is that Bitcoin will fluctuate back and forth between 100000 and 105000 for a long time, continuing to wash the market and raise funds, and then break through the 110000 mark. However, this premise relies on a favorable macro environment. At this stage, Long Brother suggests entering the market in small amounts when WIF is at a low price, with an entry range of 0.8-0.82 and a stop-loss at 0.78. Why enter WIF? Because its current market range is between 0.8-1, so its upside potential is still quite good!