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Negative market sentiment is fermenting | Follow the trend to go short and seize the downward wave💥
Updated the latest market analysis, combining news and on-chain data, to clarify the current short-selling logic📉
Currently, negative news continues to ferment, on-chain analysts publicly accuse the project team, negative market sentiment keeps spreading, and market trading confidence continues to weaken. Funds within the market are experiencing panic outflows, and selling pressure is intensifying.
Looking back at the previous rally phase, this token had frequent large token transfers to exchanges, with obvious high-position chip turnover, insufficient market absorption, and under the overlay of multiple negative factors, the weak trend in the market is hard to reverse.
After detecting abnormal movements in the market, I immediately shared the layout strategy with my followers, providing short entry reference near the price of 4.655, seizing the current downward wave, and successfully harvesting the market gains.
From the current market structure, the downtrend has not ended, and there is still room for further decline. Trading should follow the trend and align with the market movement to steadily grasp trading opportunities💪
Fans who want to synchronize with the short entry rhythm and control entry points, welcome to private message me in the backend for real-time market analysis and ideas🥳$LAB