BTC rebounded as expected if attack the support zone of 58700
🧠 From a structural perspective, it makes perfect sense that we started the rally after reaching a non-contradictory bullish zone, as the short structure’s goals have all been achieved.
➡️Now that the short goal has been achieved, it means that this downward trend may end, so there is a high probability that we will break through the downward trend line.
🔥So when the price reaches the downward trend line and resistance area, it will be regarded as the heaviest resistance area, so please be prepared to reduce or close your positions.
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