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4.7 Double Bottom:
Rebound with resistance, mainly driven by bullish momentum
The double bottom is oscillating around 2110, with moving averages aligned upward, large whales opening positions, but rebound is weak.
• Main strategy: Light positions on rebounds to the 2115–2120 range, cut losses at 2135, target 2086 and 2070
• Ultra-short-term long: Support at 2090–2095, can try a small long position if stabilized, cut losses at 2080, take profit at 2110 and exit
Weak rebound, avoid fighting the trend, strictly control risk. #BTC