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The bounce is a correction, not a reversal.
$BTC rebounded from 80,500 to 82,500, $ETH from 2,400 to 2,500, and $ZEC from 1,111 to 1,225. It's mostly short covering: the drop was so sharp that sell orders couldn't keep up. Open interest fell instead of rising, so no new longs are entering.
Daily chart: all MAs slope down, price is below the mid-band, and MACD is under zero. The trend is unchanged.
A breather isn't a reversal. Don't chase one green candle; wait for the structure to confirm.
Ansvarsfriskrivning: OKX Orbit-innehÄll tillhandahÄlls endast i informationssyfte. LÀs mer
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