In the past two days, I have been emphasizing that $BTC is still in a 4-hour level rebound. Do not fantasize about breaking new highs. The view on this rebound remains unchanged at 97500-99500. The rebound is just giving you an opportunity to escape, so reduce your position. Tonight, I'll talk about when it is possible to bottom fish. It’s very simple: you can only bottom fish when you see huge panic selling on the daily chart and a rapid increase in trading volume. Otherwise, do not act. Recently, there has been a continuous decrease in volume. Although the daily downtrend structure has been completed, the daily downtrend can still continue here. The bottom has not been reached yet, tentatively set at the daily MA120 position. Patience is key.
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