🌅 Morning: BTC is slightly rebounding but the trend has not changed
After a strong decline last night, BTC this morning is slightly recovering around the 89k–90k range.
Although this is a positive signal, I see 3 points to note:
1️⃣ The 4H trend is still down
Short-term MA lines are below long-term MA lines, indicating that the current rebound is merely technical.
$BTC
2️⃣ Volume does not increase with price
The volume this morning is still quite weak → the buying side has not really returned.
If there is no supporting volume, BTC is likely to retest the 88k area.
3️⃣ MACD has not given a reversal signal
The histogram is narrowing but MACD is still below the 0 line → the downward pressure is still present.
👉 Morning scenario:
BTC fluctuates in the 88,500 – 90,500 range.
To confirm a reversal, the price needs to close above 91k with high volume.
⚠️ This is just a personal opinion – not investment advice.
Is everyone expecting BTC to continue rebounding or to keep decreasing?
