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Next station, all ground troops go ashore to unlock!
Many brothers have been asking in the past two days:
Will the short positions that are trapped still fall? Is a bull run coming?
My view is very clear— the overall direction still looks bearish, and 66500 remains a key target level.
The waterfall earlier this morning, actually everyone knows the reason:
The US-Iran negotiations failed to reach an agreement, in other words, they collapsed.
Such things are inherently difficult to succeed, once the news drops, the market naturally reacts.
Here's a key point:
Just broke 73000 yesterday, many started chasing longs, thinking the trend has changed,
And what happened? They were directly stuck at high levels.
Rising to chase, falling to chase, this kind of operation is very easy to be harvested back and forth.
Think about one more thing:
If they really wanted to push the market up, they would have surged above 76000 long ago,
Would they still be hesitating and shaking around like this?
Looking at the details of the chart:
Although the 4-hour chart shows oscillation upward, the MACD already shows divergence at the top,
The daily chart has already reached the upper band, the space above is limited.
Chasing longs at this position, in plain terms, is just giving others a chance to take over.
Combine this with the environment:
The overall sentiment is still bearish,
What is the purpose of pushing the market in a bear market?
It’s not to make you money, but to induce longs, shake out, and harvest.
There aren’t many trapped positions above, it looks easy to push,
But think from another angle—without liquidity, without anyone to take over, why would the main force push?
So the overall strategy doesn’t need to change:
Take it slow, don’t be led by short-term rebounds,
In a bear market, shorting still offers the highest cost-performance ratio.
To sum up in one sentence:
Rebounds are opportunities, the trend hasn’t changed, bigger declines are still on the way. #Gate现货衍生品双双冲进全球前三 #Gate广场四月发帖挑战 #Meta推出AI模型MuseSpark $BTC $GT $ETH