7.23 Biscuit analysis

Analysis: After the rebound, do it near 1940-1960, aiming for 1900-1850, and defend at 1980.

After hitting the high point around 1958, it continued to consolidate and then fell. In the short term, the moving averages have turned down; what was support has become resistance. The rebound highs keep trending lower; the upside push from the bulls keeps weakening. Profits are being locked in continuously at higher levels, and the selling pressure from the shorts is gradually releasing. The candlesticks have closed in the red consecutively, with the focus continuously sinking. The short-term market has entered a pullback phase. In the future, when the rebound touches the moving-average resistance zone, there may be an opportunity to short. #夏日创作营 $ETH ‌