7.1 BTC: 57758 pinbar repair, still biased towards shorting below 59500

$BTC
Entry: short near 591-595, stop loss at 598, target 580-570

In the morning session, there was a direct acceleration downward, with the lowest wick hitting 57758, piercing the lower Bollinger Band and then quickly pulled back by buying. The hourly candle closed with a long lower shadow, currently oscillating around 58700, following a standard oversold repair pattern

The hourly Bollinger Bands are opening downward overall, the medium-term bearish structure has not changed. This downside is a concentrated release of bearish momentum. In terms of volume, the decline was accompanied by volume expansion, while the rebound saw volume shrinkage, indicating that this is just a technical repair after the bears took a rest. The bulls have not formed a concerted force, so it cannot yet be defined as a bottom reversal#特朗普披露持有超1亿美元BTCETH