We still expect that BTC will recover this week, okay everyone. The weekly downtrend structure has not been broken, so anyone who likes to ride the future wave can trade BTC as follows.

1. Currently, we have a resistance at 100k, and BTC is heading towards this resistance zone. You can place a short order at the price of 99k-100k, with moderate and small volume, stop loss at 102k. The daily uptrend structure of BTC shows signs of divergence when price and volume move oppositely, indicating that the cash flow is quite cautious, and if there is no significant buying force appearing at the resistance zone of 100k, the possibility of a reversal is very high.

2. The long entry point is decreasing, and currently, the candle structure has not formed, so I can only dare to suggest the following opinion: go long when volume and price move in the same direction, and the volume must be small.

Scrolling through a few posts, I see quite a few people questioning this recovery. So I also explain. The recovery structure on the H1 frame of BTC has formed a short-term double bottom model, where at the second bottom, large buying volumes appeared. The market makers intentionally create noise signals with two strong long and short sweeps. But essentially, we have cash flow participating at support. So the recovery is natural.

I also had a long order at the price of 92k, and I DCA a position at the price of 94k3, currently still holding. And targeting 100k.

Please note that when trading futures, you must manage your capital carefully, limiting the size of your orders. If you have any questions, you can comment, and I will respond.