Bitcoin is currently at the end of a rebound at an ultra-low price.
This rebound will not exceed 60,000, and the approximate position is around 57,500-58,000. If it unexpectedly moves out a little more, it will continue to be around 59,000.
This round of trend belongs to the bottoming stage at the weekly K level. The very obvious trend structure at this stage is repeated up and down washing.
Currently, the washing is nearing the end, and it will probably start to fall back from around 57,500-58,000, and the approximate position is around 50,000-52,000.
Therefore, it will rebound to 57,500 and take a short position directly!
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