The market is seeing a slight pullback due to minor resistance around $78,000, which comes from selling pressure from positions being unlocked within the past 120 days. The first day, the price didn’t hold above the MA120 daily moving average. Here’s a great trading strategy for everyone: guerrilla tactics. If the price holds above the MA120 daily moving average on the second day, buy. If the price falls below the MA120 daily moving average on the second day, sell. This approach offers a very high risk-reward ratio because if it reverses, the gains are huge, and if it’s just a rebound, the losses are minimal! For the next 7 days, you must monitor the 120-day moving average daily. This is our only hard standard for determining whether it’s a reversal or just a rebound!