#BTCUSD
Haven't discussed the market for several days.
Although Bitcoin is hitting a new low every day, volatility has increased, and it's time to enter.
Multiple tests of weekly support levels suggest a potential rebound around the Lunar New Year once the structure forms.
Back to trading strategy: (Note that each strategy only works if the conditions are met)
1. Short-term: Use 745 as support. A rebound with a target around 785 is expected. A move above this level could indicate a trend reversal from a smaller to a larger timeframe.
2. False breakout: Plan to buy near 685, which is a potential rebound entry point.
Spot trading: Entry strategy remains unchanged. I'll update later on spot entry and strategy, as well as how to avoid being trapped.
#aster
@Aster_DEX