#6 BTC全民空投限时派送中# On Monday morning, market overview: Is the BTC inverse head and shoulders pattern signaling a rebound or reversal?

BTC formed a bullish engulfing pattern with upper and lower shadows in the morning, creating a bullish engulfing structure compared to yesterday, and it also resembles an inverse head and shoulders pattern at the bottom, as the market starts to rebound; the weekly chart closed with a large bearish candlestick but remained above 11.4.
BTC has formed an inverse head and shoulders pattern, breaking above the neckline at 11.4, facing resistance at 11.5. According to a 1:1 proportional rise, BTC is expected to reach around 11.6. On the right side, wait for a breakout and stabilization above 11.5 to go long, with a stop at 11.4 and targets at 11.6 and 11.72. Conversely, if 11.5 is broken with a large bearish candle, go short with a stop at 11.56 and targets at 11.4 and 11.3.
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