These days, I have been reminding everyone that the black swan is coming. How could I be wrong!!! Short position taken, and then I also took a long position (light position) at 2160
From a technical analysis perspective, the current market shows a clear bearish dominant pattern.
The daily level has continuously closed in the red, with prices persistently declining and breaking below previous lows, having reached the lower Bollinger Band, indicating a shift from strong to weak overall trends, with the downtrend likely to extend further.
At the 4-hour level, the large bearish candlestick shape has established a short-term bearish trend, and even if there is a rebound, it encounters resistance at key pressure points and falls back. The Bollinger Band is expanding downwards in a waterfall-like manner,
The MACD indicator's death cross continues to diverge, with the bearish momentum bars constantly growing, along with multiple technical indicators such as KDJ and RSI all releasing bearish signals.
It’s better to enjoy together than alone; if you reach out, I can pull you to safety!!
SUI TURMP BONK PEPE OM SOL PNUT