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Trading Strategy Disclosed:
High-level consolidation + dense long upper wicks: Multiple attempts to break 71,000–71,500 followed by pullbacks, forming long upper wicks, with extremely strong selling pressure above
Bearish flag/descending channel: Rebounds from the high are bear market bounces, failing to break above the descending channel resistance
Progressively lower highs: Daily/4-hour timeframe highs declining, bears controlling the momentum
Bitcoin: Rebound to 70,500-71,000 area can go south, target around 69,000
Ethereum: Rebound to around 2,100 can go south, target around 1,900
$BTC #Gate广场AI测评官
$ETH #Gate2月衍生品市场份额创新高