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Big Pie short-term analysis
Analysis: For a rebound near 715, consider going short; watch 706-695, and 718 on the top.
The short-term bearish trend continues, and the market’s pacing is clear. The rebound faces pressure below the moving average lines. If it fails to hold above this resistance area, the bearish outlook remains unchanged. Short-term support below is around 70,000. A valid breakdown of this support will further open up downside space. On the hourly chart, the moving averages keep turning downward; the price is falling in line with the trend along below the moving averages. MACD is running below the zero line in the bearish zone, with ample bearish momentum. Intraday, the focus is mainly on shorting rebounds after resistance tests. #Gate正式推出股票交易 $BTC