A brief rebound is only temporary, the pullback is what matters most.
Currently, the coin price is around 943, with a short-term desire for this small rebound. The upper resistance levels are 945/952, and the early morning rebound has not effectively stabilized above 952. It can be imagined that the upper pressure is significant. If it reaches 950, one can boldly take a position.
For the medium term, both the 2-day and 3-day moving averages indicate a demand for this pullback, so the strategy on the Silk Road is clearly to short during the rebound. It is recommended to short in batches in the 947/952 range during the day, with a stop-loss of 500 points, looking at levels below 935/925/920.
【The maximum expected pullback could reach around 915】