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Today, the rebound of btc, eth, and sol is quite good, and many people are already benefiting from it. The take profit target for the long order set at around 88000 was created on the night of last Thursday. But today, as soon as the price went up, I immediately saw many people shouting that the bulls were back, and many shouting for 150k, 250k... Perhaps this is human nature. Since this is just a 2-day chart rebound level, and it has been said that it is just a "rebound", there is still a long distance from the trend reversal. Do not rush to chase prices or form patterns blindly; Being stuck at a high point can last a long time. At least wait for the 1-day chart MACD to rise above the zero axis in the form of a duck beak, and the momentum is up the full hourly level, then the 5-day and weekly charts are flat, before we can confirm that "the bulls are back."
In the three days before the 2-day golden cross was formed, I have emphasized that after the 1-day chart rebound reached a peak of 87500, although it briefly retraced to 83333, the upward momentum is still there, and the temporary 5-day chart has issued a signal of weakening downward momentum. Therefore, once the 2-day chart rebound is effective, the next move is that the weekly levels will also temporarily issue a weakening downward momentum signal ( a hollow energy column forms at the bottom of the ), which we already saw today. This is a trend. Last week, it was clearly stated that a 2-day golden cross had formed, just waiting for activation to take effect. So, when I saw a favorable external message yesterday morning, I immediately predicted that a rebound on Monday and Tuesday would come, making long orders a must.
Furthermore, BTC will soon challenge the key level of 88000. After successfully breaking through and stabilizing, it can push up another 3000-5000 points. This will trigger a rebound on the 3-day and 5-day charts.