#BTC The overall trend of the daily chart is still downward, but there will be a slight rebound + sideways correction after a small level of oversold. Combined with the US Non-farm Payrolls data tomorrow night, there is even a high likelihood of a bull trap. The key is to retest the medium term and upper band on the daily chart, approximately around the position of 96-100k; if it cannot break through, it will continue to decline 🐻.
You can refer to the trends within the two red circles before, as the main force continues to play whack-a-mole (Rebound short).
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#BTC The overall trend of the daily chart is still downward, but there will be a slight rebound + sideways correction after a small level of oversold. Combined with the US Non-farm Payrolls data tomorrow night, there is even a high likelihood of a bull trap. The key is to retest the medium term and upper band on the daily chart, approximately around the position of 96-100k; if it cannot break through, it will continue to decline 🐻.
You can refer to the trends within the two red circles before, as the main force continues to play whack-a-mole (Rebound short).