Sisters, $BTC at this position, many people will want to enter the market for bottom-fishing, and the current trend indeed shows a short-term bullish signal, but Sister Rong feels it can only be a small rebound, not a reversal!
The downtrend has already formed, and now from the deep plunge to this point in less than a month of adjustment time, it is simply not enough to accumulate such a large reversal force. Blindly entering may likely get stuck halfway up the mountain!
You can take a look at the bearish trend in the past two months; it is still far from the time to bottom-fish.
Of course, the market is never short of opportunities. If you don’t know how to layout your next step, scan the code below to enter the chat room; perhaps Sister Rong can give you some different perspectives.
