2026-02-02 15:14:59

Everyone probably had a good feast today with the rebound of over 4000 points. Even if you followed at the tail end, there's still profit to be made. Internally, around 77,800, a short squeeze could still yield about 1000 points of room.

I was thinking of shorting around 79,000, but it suddenly dropped sharply. A small dip is no big deal and doesn't affect the overall rebound trend, especially since gold and silver have also fallen.

As long as there’s no collapse and it stays above 76,000, tonight and even tomorrow, we should test around 79,500-80,000. This is right at the 4-hour Bollinger middle band.

If it reaches near this area, you can try a short position once. Then, it depends on the overall rebound strength. Tonight’s market won’t see a large decline; just watch and wait for opportunities. $BTC

BTC-5.45%

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