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After the midday session, the market saw choppy upward movement. The bulls decisively broke through the prior consolidation range, triggering a fast short-term surge. However, once price reached the high zone, the rise began to stall: buy-side momentum gradually weakened, sell pressure above kept building up, and the market shifted from a strong one-way trend into a phase of high-range consolidation and repair.
After the market touched a key resistance level, upward momentum ran out, and technical indicators simultaneously entered a dulling range at high levels. At this point, chasing longs no longer offers good value. The trading approach should switch to a defensive counter-attack: place short positions in line with the upside resistance levels, aiming to bet on a technical pullback. Do not subjectively forecast the exact top, but be sure to be alert to the pullback risk caused by the sharp run-up and subsequent reversal.
BTC rebounds to around 64,500-65,000 short, targeting 63,100-62,600 downward
ETH rebounds to around 1,840-1,870 short, targeting 1,730-1,660 downward
$BTC #GateUS合规扩展佛罗里达