The morning market has basically completed, and after the large coin dipped to the 105000 line, it rebounded. In the short term, it will test the pressure situation at the middle track of the hourly line. The layout of short positions in the morning and the layout of long positions during the rebound have all been secured.
From the current market perspective, the daily K-line has closed with two consecutive bearish candles, piercing the middle track before rebounding. The strong continuation of the upward trend leads to a reduction in volume before a counterattack, but the signs of the moving averages indicate that the upward trend still holds the advantage.
On the four-hour line, the coin price is still in a downward channel. After breaking through the middle track, it is supported by a strong level around 104500, which was the previous starting point. This line will also serve as the dividing line for short-term bulls and bears. If this level is breached, it will impact the area where previous purchases were concentrated, pushing the counterattack intensity to the maximum. After a short-term rebound, we can continue with our high short Silk Road strategy!
For the subsequent large coin reference, consider a short position at 106500-106200 and watch 104500; the same for the aunt at 2450-2440, watching 23800.
