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#数字资产市场动态 Early Morning Trading Notes
Recently, there's an interesting phenomenon worth noting — this wave of green candles is very likely a classic oversold rebound tactic, trying to lure traders into chasing the high. Be cautious of those rushing to bottom fish.
Looking at Bitcoin's trend, it’s about to show some muscle after climbing from the lows? The 89600 level simply cannot hold, honestly it’s like paper. The 99-hour moving average is firmly pressing down, but the trading volume can't keep up. This kind of volume-price mismatch rebound is a typical manipulation to attract buy stops.
Ethereum is also moving in perfect sync with this rhythm.
Key background: The Fed's rate cut expectations have been pushed further back, and a lot of funds in the market are on the sidelines, cautious about entering. The momentum to push prices up is naturally limited. This rebound can be metaphorically described as — the market is giving short-sellers an opportunity.
Based on this logic, the trading approach is straightforward: short on rebounds. If you have the guts, keep pushing up, and we’ll continue to short.
Bitcoin trading suggestion: Enter short positions directly in the 89700-90000 range, set stop-loss at 90300, and target 88500-88000.
Ethereum trading suggestion: Short directly in the 2955-2975 range, stop-loss at 2995, and target 2900-2880.
Writing this, I have to attend to other matters, but as soon as I turn around, the price jumps again — sometimes it’s just such a coincidence.
$BTC $ETH $BNB