Though the road is long, we will arrive if we proceed. Though the task is difficult, we can achieve it if we take action. During noon, we once again presented a bearish outlook, and at around 94800, the short position was entered as expected. Currently, the market is moving quite slowly, with a slight profit in live trading. Despite the numerous doubts on this path, I still want to respond to those voices with a saying: After much hardship in sifting through sand, the gold will finally emerge!
From the current structure, after a bottoming rebound in the early morning, the price ratio has once again fallen into a range-bound corrective phase. The hourly chart continues to show upward and downward movements, and since Monday’s session typically does not exhibit much one-sided movement, the medium-term pressure is downward, resulting in a chronic retracement action. The 4-hour structure will continue with the retracement rhythm. Therefore, in this slightly weak rhythm, it is highly likely there will be a downward fluctuation, and the retracement will continue. Subsequently, one can go short following the intra-day trend, with the points to refer to the noon strategy, which remains unchanged. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
