7.8 Bitcoin



Don’t be fooled by the daily rebound! After this pullback, the engulfing pattern that follows looks like a reversal—but in reality, it’s only a technical retest/filled gap after the drop. The longs are just short-term funds bouncing around, and they don’t have the strength to keep pushing upward. To put it simply, it’s a one-breath move—and we’re not even close to a true bottom yet.

Go short near 63500-64000, target 62800, 61500!
$LAB $BTC #Strategy上周减持3588枚BTC
LAB-77.10%
BTC-0.63%
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Half-MeltedIceCreamUnderThe
· 27m ago
The daily engulfing pattern is indeed scary, but if the volume doesn't follow, it's a bull trap.
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GateUser-2100b43b
· 53m ago
Bearish thinking is fine, but chasing shorts at this level requires caution about potential wicks.
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