2-3 Morning BTC Analysis: Rebound is a trap, the high and low strategy remains unchanged
Yesterday’s Bitcoin short position strategy was perfectly executed, capturing significant downside potential. In the afternoon, the price started to rebound, rising from around 74,500 to a high of 79,300, then faced resistance and pulled back, currently consolidating around 78,800.
It must be clear that this rebound is not a trend reversal, and there is significant selling pressure overhead. From a technical perspective, the rebound after the sharp weekend decline is weak, with prices remaining below movin
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