Don't rush to treat the BTC rebound as the starting gun for a new market trend.
Honestly, bulls and bears are still tussling. Chasing rises and panicking when prices fall—isn't that just treating a range-bound market like a trend?
BTC is currently at 83375.1. Watch 84134.2 as the upper boundary and 80985 as the lower one. Whether it can hold above the upper boundary after breaking through matters more than simply touching resistance. If it falls below the lower boundary and can't recover, be wary of further weakness.
Personally, I'd rather wait for a pullback to confirm the breakout. Avoid chasing prices within the range, treat it as a trading opportunity, and don't rush to bet everything on one direction.
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