Last Friday, it broke through 63k down to 59,131, and on Sunday it quickly pulled back to 64,234. The volume of that bullish candle isn't something retail investors can push out.


But from the open on Monday to this afternoon, 64,200 → 63k → 61,000, in three days, the entire bullish trend was wiped out. Today, the daily candle is again a bearish one, probing downward, with a lower low than yesterday.
This rhythm is more important than the price level.
The rebound in a bear market is like this: it bounces quickly, and it also falls quickly. Each rebound's high is lower than the previous one, and each bottom-finder gets trapped earlier than before. Those who bought the dip last Friday at 59k, with a paper profit of $3,500 on Sunday, are now losing and have to sell by this afternoon.
Recently, I’m not focused on whether 59k will break or not. I’m watching for when this rhythm will be broken. If the next bounce surpasses 62k and doesn’t come back down, then the structure is changing. Until then, rebounds are for fleeing, not for buying the dip.
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