$BTC Bitcoin’s small rebound is just a bull trap; this week’s pullback will continue
The market is still behaving as previously expected. This minor rebound is simply enticing retail traders to jump in and chase longs; overall, this week is still shaping up as a pullback.
策略群
Price is now making a sharp downward wick. The key is whether it can quickly close back up. If it can’t, it will test the previous low. The medium-term target is around 75000, which is a good zone for building a position.
@老周抓趋势
ETF funds saw a slight outflow yesterday. The amount isn’t alarming yet, but keep a close eye on buying activity going forward. If sustained outflows emerge and retail investors can’t absorb the selling, the risk will increase.
#BTC
So my personal advice is not to blindly chase the rebound in the short term. Be wary of getting caught in a bull trap, and patiently wait for opportunities around 75000 in the medium term.
#大饼近期走势
The market is still behaving as previously expected. This minor rebound is simply enticing retail traders to jump in and chase longs; overall, this week is still shaping up as a pullback.
策略群
Price is now making a sharp downward wick. The key is whether it can quickly close back up. If it can’t, it will test the previous low. The medium-term target is around 75000, which is a good zone for building a position.
@老周抓趋势
ETF funds saw a slight outflow yesterday. The amount isn’t alarming yet, but keep a close eye on buying activity going forward. If sustained outflows emerge and retail investors can’t absorb the selling, the risk will increase.
#BTC
So my personal advice is not to blindly chase the rebound in the short term. Be wary of getting caught in a bull trap, and patiently wait for opportunities around 75000 in the medium term.
#大饼近期走势