Last Week's Quant Review: Two Short-Term Trades Earned 6.93%
MarsBit's guest analyst Conaldo utilized a quantitative trading model to review last week's Bitcoin price action. The model successfully identified two short-term trading opportunities, resulting in a cumulative return of 6.93%. The algorithm precisely captured buy and sell points during the bounce, delivering profitable trades.
This Week's Outlook: Range-Bound with Potential Double Bottom Retest
Conaldo highlights that market sentiment remains fragile and the recent rally lacks sustainability. Bitcoin is likely to stay in a range-bound pattern this week, with a high probability of a second leg down (double bottom retest). Investors should not be fooled by the short-term rebound and must guard against further downside risk.
Trading Strategy: Wait for Confirmation, Manage Risk
Based on the range-bound forecast, the recommended strategy is to sell into rips and buy dips while setting strict stop-losses. Until the dip retest confirms support, avoid heavy positions and chasing breakouts. Specific entry and exit levels should be adjusted based on real-time model signals.