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The mid-term bearish trend is fully established, and the current rebound is a continuation of the decline. The rebound is a good opportunity to short.
Entry point: Short in the 71,200-71,600 range (Bollinger Band upper band resistance, can be layered gradually)
Stop-loss: 72,000 (above the previous consolidation zone, if the price volume stabilizes above this level, it indicates the rebound strength exceeds expectations, exit immediately, do not hold the position)
Targets:
First target: 70,400 (Bollinger Band lower band, short-term take profit, lock in basic gains)
Second target: 69,500 (if effectively broken below 70,400, hold for the key round number, fully capitalize on the downward wave)#Gate上线Pre-IPOs $BTC