Double coins killing together! BTC and ETH both smashed their heads—anyone chasing longs turned into the bagholder



At 10:00 this morning, two orders were telegraphed in sync—$BTC BTC bounced 656-660 and it went short directly; $ETH ETH bounced 1960-1980 and it went short directly. The original line was just one sentence: Don’t chase blindly on the bounce!

The logic was already broken down and explained: above are dense historical supply/liquidity pressure zones. Throughout the bounce there was no volume expansion—this is purely a battle of existing liquidity, and it simply can’t hold up the trend. The Bollinger Bands downward trend hasn’t changed; the mid-term short structure is firmly welded in place. Just a few green candles calling for a reversal? Purely just handing over chips to the short-sellers

How are the brothers who called for going long and chasing today’s higher prices? Did you just go all-in and get pinned down on top of the mountain friction? The market never lacks tough-headed bagholder chasers; and we only make money from certainty—bounces are never reversals; they’re always a sell-at-your-door order opportunity

On the macro front, the expectation of high interest rates for the whole year remains unchanged. The carrying cost of non-yielding assets stays high. Continued cooling in expectations for the CLARITY bill passing, combined with double pressure on both fundamentals and technicals, means this rebound is destined to be short-lived

Next, we’ll keep lining up with the target levels. This big meat from the short side—#CLARITY法案进入最后关键阶段 —we’ve got it locked in
BTC0.37%
ETH1.65%
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