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Midday market sentiment finally gave me a little surprise; although the decline was only a few hundred points, a fly's meat is still meat.
After Bitcoin rebounded to around 76,296 and faced resistance, it hovered around 75,800 for a while, until the afternoon decline pushed it down to around 75,277 for support.
Effort will be rewarded; a student followed Old Yang's rhythm and successfully gained 962 points in Bitcoin.
A sharp rise is risky, volatility is an opportunity.
Slow market sentiment cultivates patience, fast market sentiment trains skills, maintain the rhythm, and wait quietly for the flowers to bloom.
Currently, Bitcoin's daily chart shows consecutive red candles, with narrowing amplitude, fluctuating between 75,500 and 77,000, clearly showing short-term weakness.
The Bollinger Bands have contracted after opening downward, with the price close to the lower band, green bars shortening, indicating weakening bearish momentum but no clear reversal signal.
Overall, it is weak oscillation; focus on the key support at the lower band of 75,500.
If broken, look down to 74,500-74,000.
Rebounds are unlikely to change the long-term bearish trend, so trading should mainly focus on high sell and low buy to position accordingly.
Short Bitcoin at 76,200-76,700, targeting around 74,000.
Short Ethereum at 2,100-2,130, targeting #股票交易挑战最高赢17000U around 2,000.