7.13 Morning 2nd Biscuit Analysis



Analysis: On the 2nd Biscuit rebound around 1810-1830, **go short** near 1810-1830, targeting 1750-1700, with a defense at 1850.

During the breakout-up phase, volume expanded and prices rose sharply. After topping out, consecutive large bearish candles with rising volume triggered a heavy sell-off. In the rebound phase, the bullish candle bodies were small, and the trading volume kept contracting. The fund flow behavior is clearly reflected: the main players are distributing at high levels, while retail traders are competing for a short-term dip-buy rebound. There is no fresh long-side capital to continue the move, so the rebound’s follow-through is extremely weak. **Go short following the trend** to align with the main players’ capital flow. #LAB两日腰斩53% $ETH
ETH-0.63%
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