$BTC I didn’t expect the price to rebound this much.

Right now, the moving averages in the 1-hour window are intertwined, so it’s still ranging. This spot can move up or down, so it’s not easy to trade.
My plan is to watch the five-minute window’s structure:
1. If the 1-hour price keeps not breaking below MA21, and the five-minute window is still slowly consolidating, or if there’s a converging structure with a parallel high and a low that gradually lifts, then I may continue going long—hoping to get back to the previous high.
2. If, on the five-minute level, the highs and lows start to decline, and the moving averages curl over (i.e., turn down), then I might go short