High-pressure levels to dance—bulls stretch and get things going. After the subdued tug-of-war from midnight to the morning, the midday bulls strongly take the offensive. The big coin rebounds and pushes through the 79,000 zone; the highest rebound reached around 79,300. Ethereum synchronously stretches up to around 2,517. In the morning, I reminded everyone to short near 79,000—if you haven’t entered the trade yet, grab the opportunity. Even if the market is subdued at times, it won’t stay subdued forever; the right rhythm is inevitable.
In the short term, the rebound momentum has already slowed, and the overhead pressure is released as expected. Observing the four-hour cycle, the market has printed consecutive bullish candles, repairing and lifting prices. After rebounding to the Bollinger midline resistance area, it met resistance and turned down again. “No breakthrough, no formation”—if this resistance level cannot be broken through effectively, this rebound likely won’t be sustained, and the subsequent pullback becomes highly foreseeable. Going forward, we will continue to position short orders in line with this high-pressure range. For friends who already planted short orders earlier in the morning, make sure to adjust your positions.
Big coin short near 79,300 — target 77,500
Ethereum short near 2,515 — target 2,450
#中国8月CPI同比涨0.8% $BTC
$ETH #美军打击霍尔木兹岛及贾斯克目标
In the short term, the rebound momentum has already slowed, and the overhead pressure is released as expected. Observing the four-hour cycle, the market has printed consecutive bullish candles, repairing and lifting prices. After rebounding to the Bollinger midline resistance area, it met resistance and turned down again. “No breakthrough, no formation”—if this resistance level cannot be broken through effectively, this rebound likely won’t be sustained, and the subsequent pullback becomes highly foreseeable. Going forward, we will continue to position short orders in line with this high-pressure range. For friends who already planted short orders earlier in the morning, make sure to adjust your positions.
Big coin short near 79,300 — target 77,500
Ethereum short near 2,515 — target 2,450
#中国8月CPI同比涨0.8% $BTC
$ETH #美军打击霍尔木兹岛及贾斯克目标
