U.S. stocks are about to open. What will the next trend be?


Overnight, the U.S. stock market rebounded overall, and market sentiment briefly improved, but this is just a correction after previous overselling, not a trend reversal. External risks have not been fully eliminated, and funds remain cautious. Today’s open is likely to be a high open driven by inertia, but after the rally, it may encounter resistance and pull back. Do not blindly chase highs with optimism.
The crypto market is moving in sync. Bitcoin remains the overall market indicator. Currently, BTC is in a weak oscillation pattern with limited rebound strength and obvious resistance above. The bulls have not truly gained momentum. In the short term, the market is still dominated by bears, and the rebound is more of a trap, not indicating a reversal.
Stay alert in trading: do not rush to buy the dip or add positions in spot trading. Wait patiently for genuine stabilization signals. In futures trading, avoid blindly chasing longs. With high levels under pressure, the main approach should still be to consider short positions from high levels.
BTC-2.71%
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