Many people do not understand the meaning of rebound and reversal.

Rebound: "The lower boundary of the fluctuation range + daily oversold" is already in line with the structure of a technical rebound, and does not belong to a reversal. After a significant decline, there will be a rebound; after a significant rise, there will be a pullback. The same principle applies.

Reversal: The overall trend has not broken below/above a certain price range; all increases/pullbacks are merely technical adjustments, not trend reversals.

So, why have I been keen on shorting since November, with buying as a supplement? Until the trend changes, any rebound is merely a rebound, not a reversal. The rebound may just be for a better decline $BTC

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