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天才交易员龙哥
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Rebound is not a reversal: BTC/ETH's oscillation scenario
If this round rallies again, I prefer to take profits around 87000 rather than fantasize about a new high in one go. Trying longs near 83500, with over 3000 points of room up to 87000, is already enough. Previous highs are not always broken; most of the time they are just tested and then pull back.
Before a breakout, the market often undergoes repeated shakeouts. Oscillating back and forth by several thousand points is the norm. True one-sided trends only last a few days in a month; the rest of the time is patience-consuming. So even if the rebound meets resistance and pulls back at 87000, I don't expect a short-term direct breakout of the previous high.
Even though the market discusses the Fed restarting rate hikes, BTC still shows resilience, but resilience does not mean a straight rally. Macro pressure hasn't crushed the bulls yet, but that doesn't mean there is no resistance above. The same applies to ETH; rebounds can be participated in, but chasing highs requires caution.
The strategy is simple: range trading mindset, buy low and sell high; exit at resistance levels
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