$STRK #STRK At present, it’s more suitable to first do a rebound confirmation rather than define a reversal in advance. Current price is 0.02889; 1 hour: +0.38%, 24 hours: +13.3%. Whether the two periods should realign in the same direction is the key point to watch next.
The current price is close to the upper edge of the last 24-hour range: 1 hour +0.38%, 24 hours +13.3%. The most important part at the high end is to confirm the market’s acceptance after the breakout. If price can stay above the upper edge, it indicates the market recognizes a higher range; if it only briefly pierces upward and quickly pulls back, you need to guard against a false breakout.
If the rebound can reclaim 0.02734 and then further hold above 0.02906, it suggests that buy-side momentum is starting to shift away from the prior weakness. If, after pushing toward the midline, the price falls again—especially if it drops back toward 0.02562—it looks more like a failed correction, and you shouldn’t keep using the “trend reversal to strength” expectation.
Even if you confirm the rebound has failed, you still need evidence. Don’t chase a short just because one surge then turns into a drop. A more reasonable sequence is to observe whether the resistance zone is rejected, whether the lows start moving lower again, and then decide your next move based on whether the subsequent rebound reclaims key levels.
For those with existing positions, the focus is to manage based on whether support is failing—not to be carried around by every fluctuation. For those who are currently flat, prioritize waiting for a breakout and retest, or confirmation of support. Spot positions can be built in batches; for derivatives, you should shorten the decision chain—first determine the stop-loss level, then decide whether to participate.
For futures, the point is not to predict every single K-line. Instead, ensure that entries, position reductions, and exits all have a basis. Do less without confirmation; when key levels fail, redo your plan. Control risk on each trade first, then discuss upside potential.
#BitcoinBestWeekSinceMarch2023
The current price is close to the upper edge of the last 24-hour range: 1 hour +0.38%, 24 hours +13.3%. The most important part at the high end is to confirm the market’s acceptance after the breakout. If price can stay above the upper edge, it indicates the market recognizes a higher range; if it only briefly pierces upward and quickly pulls back, you need to guard against a false breakout.
If the rebound can reclaim 0.02734 and then further hold above 0.02906, it suggests that buy-side momentum is starting to shift away from the prior weakness. If, after pushing toward the midline, the price falls again—especially if it drops back toward 0.02562—it looks more like a failed correction, and you shouldn’t keep using the “trend reversal to strength” expectation.
Even if you confirm the rebound has failed, you still need evidence. Don’t chase a short just because one surge then turns into a drop. A more reasonable sequence is to observe whether the resistance zone is rejected, whether the lows start moving lower again, and then decide your next move based on whether the subsequent rebound reclaims key levels.
For those with existing positions, the focus is to manage based on whether support is failing—not to be carried around by every fluctuation. For those who are currently flat, prioritize waiting for a breakout and retest, or confirmation of support. Spot positions can be built in batches; for derivatives, you should shorten the decision chain—first determine the stop-loss level, then decide whether to participate.
For futures, the point is not to predict every single K-line. Instead, ensure that entries, position reductions, and exits all have a basis. Do less without confirmation; when key levels fail, redo your plan. Control risk on each trade first, then discuss upside potential.
#BitcoinBestWeekSinceMarch2023