Everyone was watching this morning to see how high this rebound could go, but many people saw the strength of the bullish candles and started to panic, thinking the rebound was too weak and could collapse at any moment.
But if you look past the surface noise in the market, the sharp downward momentum has already shown clear signs of fading compared with the past few days. A key bottom on the larger time frame never forms in a single V-shaped reversal. Hesitation, repeated retests, and contracting volume during a rebound are precisely the necessary stages in which spot buying gradually absorbs selling pressure from bears.
Just hold your spot positions steady. Don’t let one or two small red or green candles throw you off balance. As long as the larger-time-frame bottom structure remains intact, being excessively bearish here will only leave you completely behind when the true right-side breakout begins.
$BTC #BTC #渔翁社区 #Market Analysis
But if you look past the surface noise in the market, the sharp downward momentum has already shown clear signs of fading compared with the past few days. A key bottom on the larger time frame never forms in a single V-shaped reversal. Hesitation, repeated retests, and contracting volume during a rebound are precisely the necessary stages in which spot buying gradually absorbs selling pressure from bears.
Just hold your spot positions steady. Don’t let one or two small red or green candles throw you off balance. As long as the larger-time-frame bottom structure remains intact, being excessively bearish here will only leave you completely behind when the true right-side breakout begins.
$BTC #BTC #渔翁社区 #Market Analysis