Stay on the sidelines!


Core reason: Currently in a correction and consolidation phase, the bullish structure has been broken, and there is no clear entry signal. Avoid contrarian trades.

Follow-up trigger conditions

Re-entry long signal: When the 4-hour chart stabilizes above MA5 and MA10, the 1-hour moving averages are in a bullish alignment, and trading volume increases, consider opening a long position.
Risk avoidance trigger: If the price effectively breaks below the support level of 87,703.8, be alert to further downside risk and continue to stay out of the market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned