BTC is currently exhibiting a bit of contradiction - structurally it has indeed broken, but the technical indicators are showing a dual signal of "bottom divergence + Oversold".
In this situation, first manage your expectations: this is likely a rebound, not a reversal.
In plain terms: the signal is not strong enough, it's not the kind that indicates a trend has started, more like a rebound due to inertia after a significant drop. What I have been repeatedly mentioning as "cyclical oscillation recovery" refers to this stage.
At this time, what needs to be done is very simple—figure out where each high and low point is and how to respond. Trading, after all, is about having a keen eye, steady hands, knowing when to act and when to be patient. btc, eth, sol
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BTC is currently exhibiting a bit of contradiction - structurally it has indeed broken, but the technical indicators are showing a dual signal of "bottom divergence + Oversold".
In this situation, first manage your expectations: this is likely a rebound, not a reversal.
In plain terms: the signal is not strong enough, it's not the kind that indicates a trend has started, more like a rebound due to inertia after a significant drop. What I have been repeatedly mentioning as "cyclical oscillation recovery" refers to this stage.
At this time, what needs to be done is very simple—figure out where each high and low point is and how to respond. Trading, after all, is about having a keen eye, steady hands, knowing when to act and when to be patient.
btc, eth, sol