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Today’s $EDGE Market | Directly Bearish, Don’t Have Illusions
Today, $EDGE’s overall trend is relatively weak, unable to push higher, and the decline is quite decisive, with resistance above firmly pressing down, and rebounds are all false, unable to rally #NCUA提议稳定币监管规则
The market clearly shows heavy selling pressure, buying cannot keep up, and signs of capital fleeing are obvious. The dog whales have been quietly offloading, with no intention of supporting the market. When the main index moves slightly, it leads the way downward, and the bulls cannot hold the scene $ETH
Based on today’s market, it’s directly bearish, with a high probability of continued sideways to downward movement in the short term. Do not blindly bottom fish. Those holding positions should reduce their holdings and mainly observe, not be fooled into buying during short-term small rebounds.