The recent trend has been quite clear - after a sharp decline, there will inevitably be a corrective rebound, but don't expect this rebound to directly reverse the trend. What is more concerning is that after a slight recovery, it may test the lows again.
From the hourly and shorter time frames, the bottom is indeed slowly rising, but the tug-of-war between bulls and bears is evident. In this consolidation structure, the direction is not clear enough, leaving relatively limited space for operations. If you are monitoring the market, quick in-and-out trades would be a more reasonable choice.
Intraday strategy reference: Consider building long positions in the range of 87200 to 86600, with the first target at 88000 and further space around 91000. Focus on short-term trades, don't be greedy.
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ForumMiningMaster
· 11-26 12:12
Rebound is just a rebound, don't add drama to yourself, a dip is the way to go.
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SmartContractRebel
· 11-25 13:53
Is it this trap again, taking the Rebound seriously? The range-bound battle is the most annoying.
#美国非农就业数据表现优于预期 11.25 Bitcoin after-hours outlook
The recent trend has been quite clear - after a sharp decline, there will inevitably be a corrective rebound, but don't expect this rebound to directly reverse the trend. What is more concerning is that after a slight recovery, it may test the lows again.
From the hourly and shorter time frames, the bottom is indeed slowly rising, but the tug-of-war between bulls and bears is evident. In this consolidation structure, the direction is not clear enough, leaving relatively limited space for operations. If you are monitoring the market, quick in-and-out trades would be a more reasonable choice.
Intraday strategy reference: Consider building long positions in the range of 87200 to 86600, with the first target at 88000 and further space around 91000. Focus on short-term trades, don't be greedy.