The current cryptocurrency market is still dominated by a bearish trend. Amidst a collective surge in the peripheral markets—US stocks at 30k, Japan at 70k, South Korea at 9,000 points—Bitcoin has faced resistance and pulled back from the middle band of the Bollinger Bands. On the four-hour chart, a volume-driven decline occurred in the early morning, indicating very weak momentum. Currently, long positions can only gamble on short-term rebounds; chasing highs to recover losses is extremely difficult. Priority should be given to short positions. Precise entry points can refer to subscription-based dynamic alerts #我的Gate交易时刻 .
