Is the opportunity for a comeback after the sharp drop of $BTC coming?​

Brothers, I noticed something interesting about BTC at this position! The 4-hour candlestick chart formed a 'bottom pattern' around 104,200, and with the KDJ indicator already in the oversold area, the probability of a short-term rebound is indeed increasing.

In simple terms, the selling pressure at this position may temporarily stall, and if the bears continue to push down, they could easily bury themselves; technically, there’s a gap left for a rebound.

However, now is not the time to rush in blindly! There are a lot of trapped positions around 105,500 waiting to break even; this position is like a high-pressure wall. If the price doesn’t stabilize over this hurdle, the rebound can at most be considered a 'false resurrection.'

Although the MACD green bars are shortening, the trading volume has decreased significantly, indicating that most people are still watching the show, and both bulls and bears are hesitant to act rashly.

What’s even more concerning is that the EMA moving averages are still in a bearish arrangement, with short cycles pressing down on long cycles, indicating that the overall trend hasn’t completely turned around yet.

Finally, a reminder: the market is like a tightly stretched string; even a minor disturbance from the Federal Reserve could trigger a waterfall effect. Don’t just look at the technicals; macro sentiment and liquidation maps also need to be closely monitored.

In summary, opportunities are reserved for the disciplined; don't let your hands move faster than your brain!

For the upcoming layout direction, expecting a space of more than 10 times is not an issue, follow and leave a message, and let's layout the entire bull market together!