Midday Market Analysis



The short-term strength will not impact the overall trend; this rebound has no sustainability, and resistance levels above still exist. The rebound is just an opportunity for us to enter the market, preemptively set short positions, and patiently wait for the news to be digested!

The current market has become quite clear. From a technical perspective, the rebound correction in the oversold area on the daily chart will not affect the overall downward trend. The four-hour chart has stabilized above the midline, but resistance levels above remain firm. Breaking through will be difficult, with the short-term three-line opening indicating that the subsequent price volatility will gradually increase. The news also points to renewed US-Iran conflict, waiting for the market to digest this, with the strategy remaining high short.

BTC: Short around 63,500, target 61,500 downward
ETH: Short around 1,700, target #分享美股交易赢英伟达股票 1,600 downward
BTC2.87%
ETH3.69%
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