Thursday night, Tang Long continues to maintain a bearish outlook. From the 1-hour timeframe, the big coin surged in the morning but quickly retraced, followed by a decisive sharp drop, directly falling to around 77,100. This kind of movement is essentially a typical "trap and harvest," where bullish sentiment is just ignited, only to be reversed immediately.

Currently, the market has shifted from a rally to a sideways decline, with rebounds appearing hesitant and weak, characteristic of a weak sideways trend. The bearish momentum, after this round of concentrated release, has once again returned to the bears' control.

In terms of operation, be sure to control your hands: don't get overly eager to chase longs at every rebound. The current rebound is more like a ticket for the bears, not a sign of trend reversal.

Personal suggestions:

Big coin: Light positions in the 78,400-79,000 range, add positions around 80,000, with a target down to 76,550, and if broken below, then look at 75,000!

Second coin: Light positions in the 2,375-2,405 range, add positions around 2,455, with a target down to 2,280, and if broken below, then look at 2,200!

Follow the trend, don’t fight the market. What do you think? #Gate13周年现场直击 #以太坊Meme季卷土重来 #孙宇晨起诉WorldLibertyFinancial $BTC $ETH $SOL