The hourly chart has tightened overnight and will see a clear break within the next few hours.
This break will indicate momentum for the rest of the day.
We will either be looking towards hourly oversold levels if we drop to lower lows, or we will look for a break of the top of this bounce for some continuation.
We cannot ignore the bear of the big 3 yesterday during this dump.
It was a climax at the top of the move and we are not patient and understanding the shift in momentum requires a shift in our trading.
Always watching BTC for correlation clues.
1. Decide a stop loss, That takes care of the case it breakouts down.
2. Just hold it and forget about it.