The intraday market is dominated by the shorts, starting from a high of 120000 in the morning, breaking down to stabilize and oscillate around the 116500 line, and only making some recovery by evening. After stretching to around 118500, it was pushed back down by the shorts again, with the lowest spike at the 115700 line showing a slight rebound. Currently, it is operating around the 116900 line. Our early observation of the trend was contrary to expectations, so we decisively shifted our strategy to lead our members to short, while simultaneously sharing the strategy publicly. The three consecutive short positions in our group were perfectly executed, netting a total of 2993 points, which vividly demonstrates the importance of flexible thinking.
From the current perspective, the intraday market is completely led by the shorts. Although there was a significant rebound in the evening, it is merely a drop in the bucket and more like a false signal. Currently, the daily chart shows a large volume bearish candle with a full body, indicating extremely strong pressure from the shorts, and the moving averages have turned from previous support to strong resistance. Looking at the four-hour level, the trend shows a stepwise downward structure, progressing steadily with no signs of exhaustion in the short selling volume. In the short term, minor rebounds will not change the big trend direction, so our strategy remains unchanged, continuing to treat it with high shorts.
Market: 117300~117800 shorts, looking down to 115000.
Secondary Market: 3080~3100 shorts, looking down to 2950. #CPI数据来袭 #BTC再创新高 #币安Alpha上新 $BTC $ETH