Guys, did you keep up with the rollercoaster crude oil ride yesterday—spike up then roll back?

After crude oil surged to a high of 107.57 yesterday, it started to decline, crashing as low as 100.08! In the early hours of today, the market has been sliding slowly all the way, and right now it’s weakly consolidating around 104. The upper band of the Bollinger Bands is clearly under heavy pressure—this is a classic signal of upward momentum running out! Around 104, price has just pulled back to retest the middle Bollinger Band, and this is now the final window to make a clean escape!

An’an reminds you: don’t be fooled by this sideways consolidation! This is a bull trap set before the main players pump it up and distribute their positions! The resistance at 106.5 can’t be broken despite repeated tests, and the bulls no longer have the strength to mount a counterattack. Next, it will most likely enter a grind-down (bearish, drifting lower) pattern. If you want to follow An’an to catch this shorting opportunity and avoid the risk of a pullback, come and get in sync fast! #WCTC交易王PK #美联储利率不变但内部分歧加剧 #DeFi4月安全事件损失超6亿美元 #美债收益率破5%