Main focus $BTC | Strategy: Long (rebound trade, don't get attached)
First, the prescription, no dawdling
Direction nailed down: Long $BTC, leverage 2-3x, position size no more than 5% of total capital. Enter first position on pullback at 78,000-78,200, add second position near 77,950—MA5 is right there at 77,940 to catch you; stop loss at 77,380, breaking below the 77,462 low on 11/01 means failure to exit, straight back to ICU, no changes allowed. Target in two steps: reduce half at 80,271, fully exit at 81,134, don't bother with the 81,954 wall—that's someone else's territory.
The only reason to take this is one line: the descending pressure line pulled down from 81,954 on 10/29, which had pressed down to 78,388 on 11/01, and today's current price 78,588 has directly ridden above it. This line has suppressed for four days, first time stepped on, short-term it deserves some respect. Moving averages also cooperate, MA3 78,141 and MA5 77,940 have flipped up to support price, bullish alignment just starting.
But don't think of yourself as a hero. The fee rate is still +0.010%, bulls pay shorts every day—translated: everyone trying to catch the bottom is crowded at the door. This rebound is driven by shorts covering, not new money coming in to lift the price. So this is a "rebound trade," not a "reversal trade," exit on time, no emotions, emotions cost money.
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