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BTC is currently in a corrective rebound. The major trend remains unchanged—still aiming to rebound and then short.
Major level direction: Already standing above the daily midline. If the support around 685 is not broken in the near term, consolidation will occur above. There's still a possibility to take out the previous high liquidity at 760. If support fails, it could go to around 657. For now, continue to observe whether it breaks down or rebounds.
Short: Aggressive traders can open a position at 715, add at 725 (don't add if not reached), stop loss if it breaks through and holds above 728.
Long: 700-685 (not recommended to go long, short positions won't get stopped out). Stop loss if it breaks below and doesn't return to 680.
$BTC #btc