$STRK #STRK If the rebound can’t gain traction, don’t force a bottom-fishing trade—the bears are still in control.
Candle timeframe: 1h
My bias: Bearish (trade with the trend; don’t fight it on emotion)
$STRK #STRK Execution: Short the rebound; wait for confirmation at key levels before increasing position size.
Key rationale: 1) STRKUSDT is up 33.937% over 24h, with a current price of about 0.101280 and 24h trading volume of about 717.54M; 2) The 1h close fell from 0.102310 to 0.101280, and the primary timeframe is still weakening. 3) The 4h close fell from 0.103180 to 0.101320; current open interest is about 457.64M, and the funding rate is about -0.0027%, making the rebound look more like an opportunity for bears.
Risk level: If the 1h price moves back above 0.102750, the bearish bias is invalidated.
$STRK #STRK Bottom line: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.