#BTC# Short-term BTC stops falling, will it touch and usher in a reversal?

BTC broke through the downward channel and ushered in a significant decline, touching the lowest level near 52000 as we mentioned before to the 52550 level. In the short term, there is a temporary stop in the decline, followed by a small Rebound, but it does not constitute a structural reversal. Due to the small force of the Rebound, it still maintains a bearish trend of lower highs and lower lows, and is still viewed with a bearish nature. Today's pump with reduced volume is dominated by bullish traders in the short term, and there may be a possibility of further upward movement. Currently, the price is at the edge of the downward channel. If it can return to the downward channel, it may operate within the downward channel in the short term. The short-term resistance is at 56300. If this level is breached, it may reach the upper edge of the downward channel near 58300. You can go Long near 53800, with stop loss at 52500; take profit at 56300 and 58300 (Note: If it touches the 52000 level, you can appropriately get on board the Spot). #BTC#