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After the market stabilized at the low levels yesterday, it experienced a small rebound, and many friends thought the bottom was established and the trend was about to reverse. But when the price hit the resistance level, it couldn't go up anymore, and the bulls directly lost momentum and fell back, a classic trap rally. Our previously formulated bearish strategy proved accurate, and we safely gained over a thousand points in profit.
Currently, the four-hour chart shows a clear downtrend, with all moving averages pressing downward. The current low-level oscillation is just a brief pause after a sharp decline, definitely not a bottom. Even if there is a short-term rebound, resistance above will tightly block the upward space, and the price’s center of gravity continues to shift downward. The next operation is very clear: when encountering resistance during a rebound, go short accordingly. #成长值抽奖赢金条 $BTC $ETH