#BTC☀ Market Analysis 🔍
Current Market Sentiment:
- Potential Dead Cat Bounce: Anticipating a brief recovery before the continuation of a downtrend. 📉
Trading Strategy:
1. T1: Range High:
- Look to play the bounce back into the weekly open.
2. T2: Equal Highs:
- Target equal highs for a potential profit.
3. T3: Weekly Open / H4 BPR:
- Final target at the weekly open or the 4-hour Bullish Price Reversal (BPR).
Key Considerations:
- Need to see the trigger for a cleaner local sweep on perpetual futures.
- A successful reclaim here could provide a strong entry signal.
Stay vigilant and watch for the right signals! 📈