$BR breakdown deepens, bearishness pauses and doesn’t take the knife: at 14:00, short crowd still guards 1.086; at 17:00 the full hour from 1.146 was dumped to the low of 1.01366, closing at 1.04029. The 1-hour close below the broken level invalidates at 1.043; volume about 23.84M U. Global short accounts are still about 72%, large accounts’ shorts about 75%, but large accounts’ long positions are about 61%—bearish bias in accounts, long bias in positioning meets a fresh breakdown.
Path: at 17:15 it was smashed to 1.014, briefly pulled up to 1.117, then gave it back; currently around 1.03 digesting. The conflict is that breakdown deepens colliding with the split between long/short accounts/positioning.
Next step remains slightly bearish, waiting and not catching the falling knife. For the next 15 minutes, first see whether 1.013—1.023 can hold. Only if it stabilizes, 1.086—1.10 then talk about a recovery. If the 1-hour closes below 1.01366 (the 17:00 low), the deepening path gains advantage again. $BR #BRUSDT #短线 # contract
Path: at 17:15 it was smashed to 1.014, briefly pulled up to 1.117, then gave it back; currently around 1.03 digesting. The conflict is that breakdown deepens colliding with the split between long/short accounts/positioning.
Next step remains slightly bearish, waiting and not catching the falling knife. For the next 15 minutes, first see whether 1.013—1.023 can hold. Only if it stabilizes, 1.086—1.10 then talk about a recovery. If the 1-hour closes below 1.01366 (the 17:00 low), the deepening path gains advantage again. $BR #BRUSDT #短线 # contract
