Weekly K weak correction, just short the rebound!



Based on the overall pattern structure, the current dominant bearish trend has become increasingly clear. This round of short-term rebound, whether in terms of space or strength, is insignificant compared to previous deep retracements, and is merely a relay correction during the decline, only temporarily slowing the downward pace. It has no ability to reverse the major trend, which is the core structural logic emphasized repeatedly recently.

The larger cycle is currently in a phase of oscillation and consolidation. After a significant retracement earlier, the market entered a contraction and oscillation correction phase, which is a normal shakeout and buildup pattern after a sharp decline, not a sign of trend reversal. The trend structure and overall strength/weakness rhythm still firmly favor the bears.

Returning to the short-term small cycle, after an early surge and rise, the price failed to continue breaking higher, maintaining sideways oscillation at high levels throughout. Currently, the market's momentum, structure, and pattern are all resonating, and a downward break by the bears is only a matter of time. The only missing element is the short-term buildup and fermentation process.

The current market shows weak bullish rebounds, with heavy resistance above, and the probability of a downward breakout continues to increase.

Monday’s overall trading strategy remains focused on high short positions, relying on high-level layout, and patiently waiting for a new retracement to land. It is recommended to short at 63,800-64,200 on Bitcoin, with targets at 62,500 and 61,500, and a stop loss at 65,000. #分享美股交易赢英伟达股票
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