5.10🫓

81,000 likely false breakout, followed by a quick trap

Price broke through the 81,000 level, but after a small timeframe formed a long upper shadow and was quickly pulled back, and the funding rate is still negative. The bulls have not entered the market yet, so this is likely a false move to trap buyers.

🚨Trading suggestion
Buy small positions near the current price of 81,000
Keep enough bullets, watch for a confirmed break and stabilization above 81,600, then consider adding positions to cut losses
Target 79,600

In the simplest terms, explain the trend as clearly as possible
Pay Yi, a trader who analyzes trends based on patterns
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