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Double Pancake Short-term Analysis
Analysis: Buy around 1690-1710, stop at 1730, watch 1650-1600
The current market is in a bearish trend of rising and falling, with prices continuously weakening after reaching the recent high, and rebound highs gradually declining. The downward momentum dominates. Moving averages are in a bearish alignment, and prices remain below the moving averages. Each rebound is suppressed by the moving averages, with weak rebound strength, making it difficult to break through key resistance levels. The overall rhythm is bearish, and intraday trading should focus on shorting after rebounds. #Strategy低位加仓1550枚BTC $ETH