There is no need to overly worry about short-term slight fluctuations at present; the key is to maintain patience and wait for the market to complete its correction, after which the direction can become clearer.
Moving forward, continue to pay attention to the breakthrough status of the upper resistance level:
If it cannot effectively break above, the probability of the bearish trend continuing will further increase, and at this time, one can continue to seize short opportunities based on the resistance level; If there is an unexpected breakthrough of the resistance level, then it is necessary to timely adjust the position strategy, be wary of the risk of a short-term trend reversal, and remember to maintain defensive measures. #加密市场回调 $BTC
Although the market is currently undergoing a rebound phase, there is a key logic that must be clarified: the downward trend of Bitcoin is far from over, and all operations must be closely tied to this overarching context.
Looking at ETH's weekly performance, there is a signal worth paying close attention to: based on the volume release and K-line structure, it is very likely that another bearish candle will be added next — fundamentally, the momentum of the previous bulls has already significantly depleted, and in the short term, there is simply no basis for sustained upward momentum.#加密市场回调 $BTC
The current market shows that the daily chart for Bitcoin exhibits a three consecutive day decline, with prices operating below the middle track. Overall, bullish sentiment is weak, and there is a tendency for market dominance to shift back towards bearishness, indicating that a new adjustment cycle is likely to begin. After several days of intense fluctuations and the struggle between bulls and bears, the market has ultimately returned to a downward trajectory, and the bearish trend on the daily chart continues to strengthen.
On the short-term level, the weak characteristics are very evident, and this accumulated weakness is difficult to reverse quickly. Even if there are signs of a rebound in the short term, it cannot change the overall rhythm of the bearish trend. Therefore, it is still recommended to focus on shorting in the future market, closely following the bearish pace and awaiting further downward adjustments in the market. #特朗普罢免美联储理事库克 $BTC
Friends who followed Brother Wang's ideas this morning must have made a fortune by now, right? In fact, it's really not as difficult as it seems to 'catch the meat' of the market! #加密市场回调
In the morning, Ethereum slightly dipped to around 4370, then rebounded to around 4420 before entering a consolidation range, with Bitcoin's movement following suit, currently showing signs of a downturn.
From the 4-hour chart, the technical correction trend is very clear: a series of bearish candles with long lower shadows indicates that the bulls faced strong resistance from the bears during their counterattack, making it difficult to achieve an effective breakthrough; the MACD indicator is in a bearish arrangement below the zero line, suggesting that the short-term rebound is merely a technical correction; regarding the Bollinger Bands, the price is operating below the middle band, and the upper and lower bands are opening, indicating that the downward trend will likely continue.#加密市场回调
The fluctuations of the market are like the tides of life; where there are lows, there will be surges; where there is oscillation, there will eventually be a moment of breakthrough. There is no need to lose composure over a temporary pullback, nor to lose perspective due to a brief rebound. True steadiness comes from seeing through the trend with certainty, and maintaining one's own rhythm amidst fluctuations, not easily swayed by external noise. Every bump in the market is a refinement of one's temperament; only by stabilizing the mindset can one firmly grasp their opportunities amidst the ebb and flow.
After three consecutive bearish candles, although there is a slight rebound now, its strength is indeed limited, merely returning to today's opening and closing positions. The hourly chart is even clearer; the bearish trend has not changed in the slightest, and the current market is in a consolidation phase after a spike. The old saying still holds: if the trend remains unchanged, the direction will not deviate. Afternoon operations can still follow the strategy of shorting on rebounds.
Short Bitcoin at 110600, watch 108500; Short Ethereum at 4450, watch 4350. #加密市场回调