Bitcoin rebounds sharply then falls back, all above 2380 are just trap setups for诱多! Weak rebound, preparing for a new wave of waterfall!

Bitcoin around 2390, Qingcang tests the band and pulls towards 2415, target 2350

If Bitcoin effectively breaks through 2400, Qingcang tests the dip, band below 2380, target 2450/2500

Divergence signals between volume and price appear, waiting is more worthwhile than chasing highs

Brothers, while Bitcoin is wildly smashing through the 81,000 resistance, Bitcoin (ETH) is only barely following the rally, but have you noticed? Its movement is extremely weak.

Currently, the price is oscillating around 2340, seeming to gather strength, but in Master Ye’s eyes, this is just the last struggle before the waterfall.

Those brothers rushing to chase longs above 2350, even fantasizing about catching up to 2500, you are step by step walking into the trap set by the main force! $ETH #WCTC交易王PK

Based on the current 1-hour chart, Master Ye will analyze the hidden dangers behind this “false climax” of Bitcoin:

1. Volume-price divergence, upward momentum has been completely exhausted

Look at the candlestick chart, although the price is gradually rising, the trading volume below is shrinking rapidly.

This volume contraction during an uptrend is a typical “诱多” (trap for诱多) rally. The main force is using small amounts of chips to push the price up, attracting retail investors to buy in.

Once retail investors’ longs are nearly filled, the main force withdraws the buy orders, and then hits back with a heavy blow.

2. The strong resistance zone at 2380-2400, which is the graveyard for bulls

Review the previous market, the 2380 to 2400 range is piled with massive trapped positions.

Currently, Bitcoin has no core positive support (Layer 2 activity is strong, but mainnet activity is average), with liquidity so tight, who would put real money to help those at high levels?

Any attempt to probe this level will immediately trigger overwhelming selling pressure.

3. The macro squeeze is tightening, Bitcoin is the weakest link in liquidity

Bitcoin has the “digital gold” safe-haven attribute, but what about Bitcoin? Its current positioning is very awkward.

As US interest rates stay high, liquidity draining from high-risk assets is the most severe.

As soon as Bitcoin slightly retraces, Bitcoin will perform what is called a “free fall.”

A rebound is a good opportunity to open short positions!

Don’t be fooled by one or two false bullish candles.

In this battlefield, only cold logic can keep you alive.

Bitcoin’s trend has already turned bad; going short is the only way out.

If you still take pride in a weak rebound or blindly add positions to cover your shorts, you are not far from liquidation.

In this market, blind faith is unnecessary; what’s needed is deep respect for the logic of 紫金 (Jinjin) (golden logic).

Don’t wait until your account hits zero to ask me what to do.

Bring your execution power, get back in formation now, and we’ll meet at the bottom of the waterfall!