Is this rebound in Bitcoin a bit weak? Let's discuss what we should do now.

Last night, BTC climbed from 100,000 to 102,600, but the strength was noticeably less than the previous wave up to 104,600—this is actually a not-so-good sign, and it might test the 100,000 support level three times.

Aggressive traders can consider placing long positions again around just above 100,000. After all, the previous low of 99,000-100,000 still holds, and as long as it doesn't break, it's worth trying. But don't be too greedy; once it rebounds to 102,000, it's time to take profits—third test of support, so the resilience won't be as strong as the first two.

As for short positions, I prefer to wait for it to bounce a bit higher. The 105,500-106,500 range is an ideal target zone. This month, keep an eye on US-China trade negotiations or whether the government shutdown can be resolved—any news on these fronts could trigger a move, making it more prudent to set up short positions then.

By the way, the long opportunities during the previous two bottom tests were quite good: entering at 101,000 during the second test and taking profits at 102,000; I also caught the first bottom. When the market gives opportunities, don’t be soft-handed.