The market rebounded from 74,500 to 77,700 in the afternoon, a short-term rebound of over 3,000 points. The European session rebound is merely a technical correction, and the overall bearish structure remains unchanged. The 77,700-78,500 range is a strong resistance level, with insufficient rebound volume and a lack of sustained upward momentum. The evening trend is still inclined to decline, primarily shorting at resistance zones, with Ethereum moving in sync.
Real Trading Strategy
Trading Direction: Short Entry Range: 77,700-78,500 Target Range: 76,500, 74,500
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TakeProfitAsTheMainFocus.
· 2h ago
Too hesitant, set a stop loss to avoid being overly cautious and missing out on potential gains.
Bitcoin Evening Short-Term Commentary
The market rebounded from 74,500 to 77,700 in the afternoon, a short-term rebound of over 3,000 points. The European session rebound is merely a technical correction, and the overall bearish structure remains unchanged. The 77,700-78,500 range is a strong resistance level, with insufficient rebound volume and a lack of sustained upward momentum. The evening trend is still inclined to decline, primarily shorting at resistance zones, with Ethereum moving in sync.
Real Trading Strategy
Trading Direction: Short
Entry Range: 77,700-78,500
Target Range: 76,500, 74,500