【🐶Market Manipulation Causes Chaos, Stop-Loss at the Earth Needle! BTC Rebound Two Trends: Breakout or Takeoff?】

Short-term Strategy Update

BTC has currently rebounded near the lower boundary of the upward channel. Whether it can successfully stabilize at this level remains to be seen.

From a Chan theory perspective, there are two possible trend scenarios: Scenario one, if the 4-hour level retracement does not break the previous low, or if two retracements occur without forming a new low, the market is likely to strengthen, and you can participate in the rebound at the marked position. Scenario two, the bearish force has not fully dissipated; after a short-term rebound, the market is likely to continue downward to new lows. Once the new low appears, you can attempt to position for a rebound.

For specific operational strategies, please follow our posts. Overall, we still see the main trend as bearish. The new lows below the 80,000 mark are highly likely to be reached. The current core issue is whether to participate in this short-term rebound.

$BTC