#btc The rebound continuation indicator is just one dimension. When a sell signal (S) appears, I will also go short. I certainly know this is just a rebound, not a reversal.
However, I believe that the last liquidity will be consumed before a real drop. Above 95000, we may see numbers starting with 10w again.
From the market perspective, the first segment of the drop in terms of slope, magnitude, continuity, and momentum is stronger than the second segment of the rise, which led to the third segment of the drop. Comparing the third segment of the drop with the fourth segment of the rise, the momentum, continuity, slope, and magnitude are all stronger than the third segment. The bears want to short at 93000, while the bulls want to break through and stabilize at 93000, reaching 10w! Which team do you think will win?
