Morning Analysis of Erbing
Don't complain when things don't go as planned. When the market comes, are you able to seize the opportunity? You don't want to regret it later, do you? The midnight market showed a rebound recovery pattern, but the bulls did not achieve an effective continuation breakthrough, instead, it continuously exhibited high-level pullbacks. This proves that the midnight rebound trend did not affect the overall market trend, and the bearish trend still holds the dominant power. Don't aim too high, and definitely don't operate blindly; remember that the cryptocurrency world belongs to those who can maintain a stable mindset.
Currently, the market's rebound has not reversed the overall adjustment trend. From the perspective of double-high adjustment space and weekly and daily level analysis, the current stage's rebound momentum is clearly insufficient, making it difficult to sustain, with the rebound space continuously being retaken by bears. The bulls remain in a suppressed state, struggling to mount an effective counterattack. The daily structure clearly shows that this round of rebound is not a trend reversal, but merely a manifestation of the market's stage adjustment. The bearish-dominated pattern is still deepening, with various technical indicators and capital flows clearly pointing to the strengthening of a large bearish trend, further confirming the judgment that the adjustment is not yet complete. The overall market is still dominated by bearish forces.
Morning Operation Suggestion: Erbing 4370-4400 range short Target 4150
