This wave can push the price to 98k, mainly because the surprising US CPI data gave the market a strong boost. But to be honest, this is more of a rebound pulse and doesn't change the overall correction trend. My own approach hasn't changed; I plan to go long on Monday and take profits by Tuesday.



There will definitely be repeated fluctuations during this process. From November 22 until now, less than two months have passed. For the correction cycle of the weekly MACD below the zero line, the recovery time is far from enough. To make an analogy, the rebound to 48,000 in April 2022 is a reference—although the background then was different from now, the fragility of that rebound is similar.

So, timing is very important. Short-term participation in the rebound is possible, but it should be done with a profit-taking plan. This is not a bottom-up initiation, just a breath in the middle.
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TopBuyerBottomSellervip
· 13h ago
98k just want to turn things around? Wake up, this is just a pulse, and it will definitely retrace on Tuesday.
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DeadTrades_Walkingvip
· 13h ago
98k rebound? I think it's just the false prosperity created by CPI. It should have run on Tuesday. Don't be greedy. This wave is just a short pause; we haven't even touched the bottom, so what's the rebound about? The MACD is still lying on the floor, and there's not enough time. The pit from April 2022 is still vivid in my mind. You can short-term trade, but you must set take-profit levels; otherwise, you'll suffer heavy losses. Don't be fooled by 98k; repeated rebounds can be very fierce.
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SpeakWithHatOnvip
· 13h ago
98k rebound just wants to be exposed? Nice try, this is just a pulse.
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ChainSpyvip
· 13h ago
98k rebound just want to lie flat? Wake up, this is just a pulse, selling on profit on Tuesday is the way to go --- I also experienced the 48k wave in 2022, it was extremely fragile, and this time feels about the same --- It’s okay for short-term, but don’t shake your hands, the profit-taking plan must be kept in your mind --- Is two months enough to repair? Feels like there will be more tinkering --- The breathing phase is just a breathing phase, don’t have expectations for it --- Buy on Monday, exit on Tuesday, I learned this move --- The fragility of the rebound is indeed there, can’t withstand any news
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DegenGamblervip
· 13h ago
The 98k rebound just reminded me, it was another false alarm. The vulnerability of the rebound is the same as in April 2022, we still have to wait. In the short term, just grab some profit and run, don't think this is the bottom.
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GasFeePhobiavip
· 13h ago
The 98k rebound is indeed fake; CPI data is like getting a shot of adrenaline, but it will need to be adjusted later. Definitely sell on Tuesday.
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