There was a small technical rebound in the early session, but the rebound height was limited, and the 88000 level has already shown obvious resistance. It should be noted that the starting point of this rebound is at 87265. Structurally, it still belongs to the low-level rebound phase, and the current price does not have an ideal short-selling risk-reward ratio. Entering the market rashly may be easily exhausted by volatility.
From the daily chart perspective, the BOLL middle band continues to move downward, having been pressed from 88800 the day before to around 88500, indicating that the overall trend remains in a downward channel. However, the optimal entry point for short positions should wait until the price retraces to above the middle band or approaches the middle band area.
At least, a rebound to above 88500 is needed. Without effective volume expansion, this would be a structurally complete and reasonably risk-reward short zone. Short entry: around 88500-89000 Don't rush over the weekend, be patient and wait for the market to bring the position to us!!!#2025Gate年度账单 #GUSD双重收益 $BTC $ETH
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There was a small technical rebound in the early session, but the rebound height was limited, and the 88000 level has already shown obvious resistance. It should be noted that the starting point of this rebound is at 87265. Structurally, it still belongs to the low-level rebound phase, and the current price does not have an ideal short-selling risk-reward ratio. Entering the market rashly may be easily exhausted by volatility.
From the daily chart perspective, the BOLL middle band continues to move downward, having been pressed from 88800 the day before to around 88500, indicating that the overall trend remains in a downward channel. However, the optimal entry point for short positions should wait until the price retraces to above the middle band or approaches the middle band area.
At least, a rebound to above 88500 is needed. Without effective volume expansion, this would be a structurally complete and reasonably risk-reward short zone.
Short entry: around 88500-89000
Don't rush over the weekend, be patient and wait for the market to bring the position to us!!!#2025Gate年度账单 #GUSD双重收益 $BTC $ETH