Good evening, brothers. I don't know if everyone was able to short last night. Here are my reasons for going short. First, looking at the 1-hour level, there is a clear trend divergence. Comparing segment C to segments A and B, the price is getting higher, while the MACD yellow and white lines are getting lower, indicating a clear divergence. Then, looking at the MACD green bars, the area is getting smaller, which is also a divergence. Additionally, the height of the green bars is getting lower, and the area of the MACD yellow and white line crossover is also getting smaller. In summary, there is a trend divergence, so the next movement will likely see a pullback at the 1-hour level returning to the central area, forming an extension at the 1-hour level, and then breaking through again. It could either fall back into the central area and continue to oscillate, or break below the central area. Then we will look at the lower level, the 5-minute level, which has already shown a clear three-sell trend, indicating that the short-term downtrend will continue. The short position can still be held while waiting for a bottom divergence to appear at the lower level before exiting.
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