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#密码资产动态追踪 Bitcoin bulls are showing signs of fatigue, and the downtrend is taking shape! Don't chase the rebound
That surge in the early session? A classic trap to lure buyers. Bitcoin pushed up then dropped again, but trading volume kept shrinking—this is a clear sign that the bulls are losing steam. On the daily chart, divergence is obvious, and the moving average system is starting to turn downward. The early signs of a bearish arrangement are gradually emerging.
The current trend is a textbook downtrend continuation pattern. The selling pressure above is piling up, making a breakout difficult. So here’s a reminder: a rebound is not the time to buy in, but a good opportunity to set up short positions. Don’t be fooled by superficial rebounds; chasing longs is too risky. Wait for the indicators to resonate, and it might just drop sharply.
Looking back at last week’s market, Bitcoin struggled to break through the 92,600 level, with the weekly chart oscillating around there. As long as 92,600 doesn’t hold, there’s room to operate on short positions.
In the short term, 89,500 and 90,500 are two key stop-loss zones. If these levels are broken, continue holding short positions, with the target further down at 87,500.
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