MU analysis

From the chart, it is clearly evident that MU’s current rebound is entirely an oversold-rebound and stop-hunt pattern, not a bullish reversal trend.
After the price spikes upward, volume quickly dries up; overhead resistance is extremely strong. Every time there’s a modest push higher, it lacks the strength to continue making new highs, and the local highs keep trending lower. The 4-hour and daily indicators both turn from high levels: the MACD red histogram shrinks, the RSI rolls over from overbought, and the bearish top-divergence structure has fully formed.
The market’s bullish momentum has been completely exhausted; buy-side absorption keeps getting weaker. Overall, it’s a weak consolidation with downward drift structure. Any rebound without new incremental capital is a “fake pump,” and the rebound is the best opportunity to short. In the future, the main rhythm remains a continued pullback and liquidation-style range washout.
Trading advice
Enter short orders for $BTC $MU #夏日创作营 in batches between 1000–1030, targeting 900–800 on the downside. If it breaks through, continue to look for further downside ‌