Technically, the overall structure has not shown any obvious change. Although there is some rebound momentum in the short term, the resistance above remains dense and the pressure levels are clearly defined. Even though the market recently took action to dip and rebound, it still failed to effectively break through the key highs, so upside room has not opened. In this situation, another leg lower is probably only a matter of time. Looking at the movement on smaller timeframes, it has gone through both a space-based rebound correction and a time-based adjustment to build up potential, and the bear momentum has been gradually accumulating. The conditions for a second pullback are basically mature now, and the short term has the potential to weaken again. Therefore, for Monday, the trading mindset remains focused on selling at bounces, and we can watch for pullbacks in line with the trend. #夏日创作营

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SUI_USDT
Short
Cross 5X
Return %
+393.2%
+3,151.60 USDT
Entry Price(USDT)
3.4186
Mark Price(USDT)
0.7180
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GateUser-b7ea0ade
· 4h ago
In recent weeks, the global cryptocurrency market as a whole has been in a period of high-level consolidation and base-building. After Bitcoin briefly rebounded from its prior low, it repeatedly pushed higher but met resistance. It has been locked in a tug-of-war within the $64k–$67k range. The long-versus-short battle is extremely intense. With no limit on daily gains or losses, the market is highly prone to large day-to-day swings driven by risk sentiment in U.S. stocks, cross-border ETF fund flows, and market rumors. It has very strong short-term speculative characteristics. Smaller-cap coins fluctuate even more than major coins, and liquidity is fragile, creating the risk of sudden, deep sell-offs at any time.
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