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$TLM For this section of the trend, I prefer to interpret it as a repricing after the withdrawal of capital at high levels.
It pulled straight up from the low, hitting a high near 0.0043, which looked strong, but then it continuously declined, indicating that the capital that chased in began to loosen.
The most likely script for this type of market is that it attracts emotions at the high, then slowly releases pressure.
If brothers at the base camp want to continue participating in short positions, I would focus more on opportunities after a rebound, and do not recommend chasing directly at the low.
For friends who have already entered, watch the support around 0.0025; if it breaks, the first target is 0.0023, and further target is around 0.0021.
For those who followed, if the price later rebounds to the 0.0028 to 0.0029 range and cannot hold, you can continue to watch for short opportunities.
Conversely, if it returns above 0.0030 again, this short logic needs to be readjusted. $BTC $ETH #Strategy上周减持3588枚BTC