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Morning Double Bottom Analysis
Analysis: Look for a consolidation around 1750-1780, watch 1720-1680, defend 1800
After reaching the stage high point during the rally, the momentum quickly diminishes, and the price declines under pressure, with short-term moving averages shifting from support to resistance. The high-level oscillation and decline gradually show strength, the rebound is weak and unable to break previous highs, closing the upward space. The bearish selling pressure on the chart gradually intensifies, waiting for a rebound to the resistance zone to short, and if it firmly stabilizes above the previous high, a reversal may occur. #我的Gate交易时刻 #我的Gate交易时刻 $BTC $ETH