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6.4 Evening Auntie's Plate 🍜 Poetry Fate Perspective
From 2096 to 1767! Auntie's White Plate "Waterfall" review, is the evening rebound just an opportunity for shorts to make money?!
Auntie's White Plate shows a unilateral downward trend, continuously declining from the high of 2096 to the 1767 level. The MACD indicator's double lines have deeply crossed below the zero line and the green histogram persists, indicating strong bearish momentum; intraday rebounds are weak, always suppressed by moving averages, overall showing a "non-rebound downward decline" characteristic, and market sentiment is extremely bearish.
The current bearish trend is clear, mainly shorting on rallies, cautious about bottom fishing (do not blindly attempt rebounds without stabilization signals).
Support levels: 1700 - 1720
Resistance levels: 1820 - 1850
Trading suggestions:
Strategy: Mainly buy low, do not chase shorts.
1. If the rebound reaches the 1820 - 1850 range, try shorting lightly, with a stop loss above 1860, targeting 1720 - 1700;
2. If it directly breaks below 1720 with increased volume, follow the trend and short, with a stop loss above 1750, targeting around 1680;
3. Aggressive traders wanting to bet on a rebound should wait for stabilization signals such as long lower shadows or bullish engulfing patterns around 1700 before attempting, strictly control position size and set stop losses (not recommended for beginners). $BTC $ETH $GT