Look at TRX's performance today, up 2.48% to quote at 0.309, which indeed stands out during the overall market downturn. However, such rapid increases are often accompanied by extremely high funding rates. Once major coins like BTC weaken, the rebound is likely to collapse.



From a technical perspective, TRX has already reached the overbought zone at the top. Especially if BTC falls below the 95,000 level, TRX's bullish momentum could be easily crushed, leading to a sharp pullback.

The current strategy is to go short: entry range between 0.308-0.312, with a stop-loss set at 0.322. The first target is 0.292, and the second target aims at 0.275. The core logic of this operation is to bet that this "artificial high" will eventually be corrected by the market.
TRX0.44%
BTC0.99%
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