$BTC Short-term repair is just a brief respite; the larger downward framework has not been shaken.



The moment traders are most likely to fall into the trap of missing out is when they judge the bottom has arrived based on a few green rebound candlesticks.

On the hourly timeframe, Ethereum is clearly visible. Since the high of 1610, the downward rhythm began. The current small rebound in the 1574 range is merely a technical repair after the big drop. The yellow and cyan moving averages above maintain a downward slope simultaneously, forming a dual resistance zone from top to bottom. The current price is already close to the pressure zone, and trapped positions above are ready to escape at any opportunity via the rebound.

The short-term buying support brought by the low of 1561 is weak. There are no sustained bullish candlesticks with increasing volume on the chart, and the moving average system shows no sign of curving upward. There is no effective bottom reversal signal.

The current small rebound is precisely a window period to bet on shorts by following the trend near the resistance. Do not let the illusion created by short-term volatility sway your emotions. The bearish cycle structure remains intact. Every time the price tests the resistance to the upside is a more comfortable price to position shorts along the trend. $ETH
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PrincessQingyue
· 4h ago
$BTC Short-term repair is merely a brief respite; the larger downward framework has never wavered.

The moment traders are most likely to fall into a trap of missing out is when they judge the bottom based on just a few rebound bullish candles.

It is clearly visible on the one-hour Ethereum chart that the downward rhythm started from the high of 1610. The current slight rebound in the 1574 range is merely a technical repair after the major drop. The yellow and cyan moving averages above are both maintaining a downward slope, forming a double resistance zone from top to bottom. The current price is already near the resistance zone, and trapped positions above are ready to escape at any sign of a rebound.

The short-term buying support from the low of 1561 is weak. The chart shows no sustained bullish volume candles, and the moving average system shows no signs of turning up. There is no effective bottom reversal signal.

This slight rebound is precisely the window to go short against the resistance. Do not let the illusion created by short-term fluctuations sway your emotions. The bearish structure on the larger timeframe remains intact. Every time the price tests resistance upward, it offers a more comfortable price to take short positions along the trend. $ETH
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