79 million clock early morning market sentiment insights



Rebounds are only suitable for laying out short positions. Never be blinded by temporary recoveries.

The slight recovery after a rapid evening dip is just a typical washout pattern of sharp drops and slow rises. Long upper shadows firmly lock upward space, bulls completely lack offensive confidence, the overall price center of gravity continues to move downward, and the selling pressure on the market has not been fully cleared out.

The bearish structure on the larger timeframe has long been set in stone. This rally is merely a technical correction after an oversold condition, by no means a trend reversal. Those who blindly chase gains are destined to be trapped again. The only prudent approach is to wait for prices to rise and face resistance, then lay out short positions following the larger trend.

Trading suggestions:
BTC: Short directly when it rebounds to around 62400-62800, stop loss set around 63300, targets sequentially at 61500-61000.
ETH: Short directly when it rebounds to around 1750-1770, stop loss set around 1800, targets sequentially at 1720-1700.
#GUSD年化升至3.8% #美终止对伊朗石油制裁豁免 #世界杯冠军预测 #ANSEM持币地址突破12.2万 #SK海力士ADR获超额认购
BTC1.74%
ETH0.86%
GUSD0.05%
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