Analysis of the current BTC trend situation and reference for strategy size structure: →♥

Long Position Strategy: After the weekly structure stopped falling and rebounded from the 76547 needle point, it touched the important resistance zone around 88700. Therefore, it retreated to the second support of the daily structure. The first position near 81000 has already held and theoretically completed the rebound. So, for entering a long position, the priority is still to consider the needle point of the second touch on the daily chart and position two, as shown in the chart below.

Short position idea: For now, short-term short positions can refer to the levels given below (green chart), aggressive levels can be taken or skipped. The structure will be smaller.

The overall strategy is based on structural trading and is oriented towards price action considerations. The larger cycle strategy will be redefined based on changes in market trends.