7.26 Sunday, two loaves

The price action is linked with the big coin and comes under pressure at the same time. After rising to 1958, it met resistance and pulled back.
On the four-hour level, the recent highs keep moving downward, and bearish momentum has the upper hand.
At this stage, the market is only in a pullback (washout) phase during the uptrend; the key support still holds, and the larger trend has not reversed.
Any short-term minor rebound is only an indicator correction, and it is difficult to sustain a continued upward行情. Prefer setting up short positions on the rebound following the prevailing direction.

Entry range: around 1900—1920, short

First target: 1850, second target: 1820#夏日创作营