BTC just had a sharp drop of 5%, and others followed suit. Finally, the wick we’ve been waiting for! This morning’s plan already mentioned that if the wick accelerates into the liquidation zone, it’s worth taking a small long position. I followed the plan. But the rebound strength is a bit weak, so this needs close attention. After 11 consecutive daily red candles and then an accelerated wick with weak rebound strength, two things can be observed from the order book: 1. There are fewer liquidated long positions. 2. There are also fewer profit-taking short positions. This indicates that it’s not an extreme wick scenario yet. In plain terms, it’s not the bottom yet! For now, I’ll just ride this small rebound on the long position. I’ll update the new trading plan later. BTC ETH BNB