Short-Term Analysis: Continuing to Monitor the Response, But Not Reversal Yet

Currently, the short-term trend of $BTC still leans towards technical correction, not yet sufficient to confirm a true reversal. This is quite evident when looking across different timeframes. On the daily chart, the price remains close to the main trendline. This indicates that the buying side has not launched a strong attack, and the upward momentum is still limited. Instead of a decisive acceleration, the market is more inclined to oscillate – absorbing market psychology and consolidating the structure after previous volatility. However, when zooming out to the weekly chart, the picture becomes much clearer and more positive. BTC has formed a standard double bottom pattern, and most importantly: this bottom appears within an established major uptrend. In technical analysis, bottoms formed within an uptrend are much more significant than those appearing in a downtrend. Therefore, prioritizing a trend-following buy strategy on the larger timeframe is entirely justified. Looking further at the 4-hour chart, the price still remains above the 120 and 200 moving averages, indicating that the short-term structure is still a healthy uptrend. Even during sideways movement, the nature of this oscillation remains a correction within the uptrend, not a sign of structural breakdown. The 90,000 level thus becomes a particularly sensitive price zone. It is both the 0.618 Fibonacci retracement level of the previous rally and a psychological round number, where technical factors and market sentiment converge. Considering a buy position around this area is not a subjective action, but a logically sound decision. In summary, the daily strategy remains relatively consistent: Use 90,000 as the main observation zonePrioritize multi-entry thinking, wait for confirmation signalsNo FOMO, avoid chasing pricesTight risk management, with a defensive zone around 89,000 Corrections may continue, but remember: correction does not mean reversal. Patience and discipline remain the key factors in this phase.

BTC-0,61%
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