Secondary review and today's key points: Yesterday’s share reminded of a pullback to 91.5k with an expected surge to 95-97K, which played out mostly as anticipated. However, after the rebound following the early morning drop, there are already signs of weakness emerging ahead of time in today’s action. Therefore, my trade key points for today are: 1. On the larger timeframe, this is still a rebound after a decline, not a trend reversal. Since the daily chart shows a short-term bottoming signal with a bullish engulfing, short-term longs are possible, but today I need to wait for a deeper level to go long and look for a second rebound continuation; 2. The main idea is still to look for high supply zones or liquidation zones to set up short positions. The rebound over the past two days was still driven by leveraged longs, without significant capital inflow. The position structure is “strong price, weak volume.” If there’s a second push higher, consider finding a spot (95-97k) to set up high shorts, or if you believe the market will likely oscillate at the bottom, use a 97K-75K grid strategy for range trading. 3. For short-term trading today, the plan is to patiently wait during the US session to see whether there is a pullback to 88-89K for a long opportunity, or an immediate rebound to 93-94K for a short opportunity. 4. Someone asked, when to determine a reversal? I believe if the 4-hour candle effectively holds above 97K and there is a clear surge in buying and open interest, then it would signal a new round of medium-term uptrend. Until then, continue to view the action as a rebound within a larger downtrend. The above is my key trade plan record for today, reminding myself to trade strictly according to the plan. I will record this every day. If it suits you as well, click follow and subscribe! $BTC $ETH
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[2025-12-05 Planned Trade | Trading Plan]
Secondary review and today's key points:
Yesterday’s share reminded of a pullback to 91.5k with an expected surge to 95-97K, which played out mostly as anticipated. However, after the rebound following the early morning drop, there are already signs of weakness emerging ahead of time in today’s action. Therefore, my trade key points for today are:
1. On the larger timeframe, this is still a rebound after a decline, not a trend reversal. Since the daily chart shows a short-term bottoming signal with a bullish engulfing, short-term longs are possible, but today I need to wait for a deeper level to go long and look for a second rebound continuation;
2. The main idea is still to look for high supply zones or liquidation zones to set up short positions. The rebound over the past two days was still driven by leveraged longs, without significant capital inflow. The position structure is “strong price, weak volume.” If there’s a second push higher, consider finding a spot (95-97k) to set up high shorts, or if you believe the market will likely oscillate at the bottom, use a 97K-75K grid strategy for range trading.
3. For short-term trading today, the plan is to patiently wait during the US session to see whether there is a pullback to 88-89K for a long opportunity, or an immediate rebound to 93-94K for a short opportunity.
4. Someone asked, when to determine a reversal? I believe if the 4-hour candle effectively holds above 97K and there is a clear surge in buying and open interest, then it would signal a new round of medium-term uptrend. Until then, continue to view the action as a rebound within a larger downtrend.
The above is my key trade plan record for today, reminding myself to trade strictly according to the plan.
I will record this every day. If it suits you as well, click follow and subscribe!
$BTC $ETH