Instrument: BTCUSDT
Time Frame: 1H
Exchange: Bitget
Trading Type: Swing Trading
The crypto market is experiencing a significant downtrend influenced by the impact of Deep Seek on the U.S. market. This does not necessarily mean the decline has completely stopped. Instead, I am preparing a long setup targeting a short-term technical rebound, focusing on the Fibonacci 61.8% support level and the confluence of trendline retest and key levels for a potential bounce.