【🐶 The Dog is Causing Trouble in the World! BTC Rebound Two Trends: Breakout or Take Off?】

Short-term Strategy Update

BTC has currently rebounded to near the lower edge of the rising channel, whether it can successfully stabilize at this position remains to be seen.

From the perspective of the theory of cycles, there are two possible trends: Trend One, if the 4-hour level retracement does not break the previous low, or if it experiences two retracements without refreshing the new low, the market is likely to strengthen, and one can participate in the rebound at the marked position. Trend Two, the bearish force has not completely dissipated, after a short-term rebound the market is likely to continue to probe for new lows, and one can attempt to position for a rebound after the new low appears.

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For specific operational strategies, please pay attention to our Binance chat room. Overall, we still hold a bearish outlook, and a new low below the 80,000 mark is likely to be touched, the current core issue is only whether to participate in this round of short-term rebound market.

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