What’s the logic behind the contract market of the little fox wallet? After a few trades, the fees exceed $10,000. That’s fucking terrifying. Can someone tell me how the fees are charged?
In a bearish trend, don't fear the bounce; a bounce is just an opportunity to go short. From the 4-hour chart, we're currently sitting at relatively high levels, but the latest candlestick has a long upper wick, indicating heavy selling pressure above and waning bullish momentum. After a series of bullish candles, this candle failed to maintain a strong breakout and instead encountered resistance around 63915.3, reflecting a short-term inability of bulls to sustain their strength. Coupled with the Bollinger Bands, the price is close to the upper band, suggesting a technical pullback towards the middle band is needed. The strategy remains unchanged—stay bearish. You can look to short Bitcoin around 63400-63800, targeting 61000. For Ethereum, consider shorting around 1670-1690, with a target of 1600.