The quote is from Binance.com

The short-term high probability of new highs proposed a few days ago has been verified.

At the hourly level, it is currently undecided whether the third transaction will be completed.

However, it did not rise strongly in 4 hours and was suppressed by the daily downward channel of $27,350.

I personally think the short-term rebound should come to an end

If this is the entire departure period, it will be temporarily defined as the end of the ABC rebound. Whether it will break through the previous low is yet to be determined.

But the retracement is expected to be around 25,700.

If this is a response to the rebound since the fall of $31,000, the rebound cycle is not over.

It will take some time to be short on the midline pie on the right. Let the bullets fly for a while.

Today's strategy: short sell, stop loss at the previous hourly high, expected to be 25XXX USD

Today's mid-term strategy: short position, stop loss 31000, target 20000

as the picture shows: