Currently, the market is firmly suppressed from above, with rebounds quickly collapsing. The bulls are clearly struggling, and the market rhythm has completely shifted to the bearish side. From the 1-hour structure, the price is hovering around the middle band of the Bollinger Bands, which is a critical lifeline. Once support is broken, the bears will take control of the market, and the probability of a short-term continued downward test is rapidly increasing.
Under this trend, hoping for a rebound will only lead to repeated losses. In terms of trading strategy, there is no need to hesitate; continue to follow the bearish logic, act in line with the trend, which is the most stable and efficient choice at the moment.
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1.13 Bitcoin Auntie's Morning Thoughts
Currently, the market is firmly suppressed from above, with rebounds quickly collapsing. The bulls are clearly struggling, and the market rhythm has completely shifted to the bearish side.
From the 1-hour structure, the price is hovering around the middle band of the Bollinger Bands, which is a critical lifeline. Once support is broken, the bears will take control of the market, and the probability of a short-term continued downward test is rapidly increasing.
Under this trend, hoping for a rebound will only lead to repeated losses. In terms of trading strategy, there is no need to hesitate; continue to follow the bearish logic, act in line with the trend, which is the most stable and efficient choice at the moment.
Personal Suggestions
Bitcoin: Enter a position at 91,400-92,000, with targets below 90,000 and 88,000
Auntie: Enter a position at 3,120-3,150, with targets below 3,060 and 3,000
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