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This Bitcoin rebound is incredibly strong—the bears have been completely wiped out, and now the target is directly aimed at the 94,000 level.
Honestly, it’s pretty frustrating—two days ago I had my eye on that 87,600 gap. From a technical perspective, that spot was just perfect, with all the indicators hinting at a good opportunity to go long. And what happened? The price action played out exactly as expected: it filled the gap and then took off. But I still didn’t get in! Why? It pumped so damn fast that by the time I was ready to act, the price had already shot up. To put it simply, my mindset wasn’t adjusted—I kept thinking, “I’ll wait for a pullback to get in,” but this move didn’t give any opportunity at all; it just kept going up and made me question everything. I missed out on such a juicy trade even though I had pinpointed the spot perfectly—but when it came time to pull the trigger, I hesitated. Mainly, I was spooked by the “fake breakout and dump” patterns from a few days ago; I hesitated for just a few seconds, and the chance was gone.
So what now? The plan is clear: buy on pullbacks, but absolutely don’t chase the pump. If you end up buying the top and it pulls back, your account will go red instantly. As for where it might pull back to? That depends on how high it can go tonight—we’ll just have to take it step by step.