【Evening Trend Warning】
Although the current large-scale K-line is in a bullish arrangement and the volume is moderate, the prolonged high-level consolidation may allow bears to develop from a small scale to a large scale. Some cryptocurrencies that performed strongly in the past few days are already showing signs of weakness.
However, the situation of oscillating downward and rising then falling is slightly different. The former is just an adjustment, while the latter signifies the end of a trend, and this wave of increase is far from over.
If a price correction occurs in the evening, do not rush to enter. It is more appropriate to wait for the two four-hour lines to digest the bearish sentiment.