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7.26 Jack 4-hour Big Cake Analysis and Strategy
After bottoming out at 64,263.03 in the early stage, the market moved into a round of sustained uptrend. Supported by the moving averages, it kept ranging and rising all the way, reaching a peak at 64,599.95. After that high, the rally stalled and the chart began turning downward. In the short term, the moving averages have shifted from support to resistance; the price has broken multiple tiers of ranges one after another and has pulled back all the way to the current 64,353.94 level. The bearish trend is already clear. #币圈##区块链#
Trading advice: Go short
Trading range: 65,000-65,500
Stop-loss level: 66,000
Ziying level: 63,500 #大饼 #比特 #带单