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Sounds reasonable
The current Bitcoin pattern has become clear, with a confirmed downward oscillation trend. The rebound lacks effective volume support throughout, and the upward momentum is clearly exhausted.
Weekend trading requires no complex strategies; the core idea is simply to follow the trend and focus on short positions.
Repeated short-term rebounds have been met with resistance and pulled back, forming a strong resistance zone between 89500-90000. With continuous shrinking of trading volume, the upward push is weak, and every rebound is a good opportunity to set up short positions.
In summary, now is not the time to bottom fish. Patience and waiting for rebounds to follow the trend downward is the best approach. The bullish atmosphere is gradually fading, and the bearish forces are fully dominating the market.
This weekend, it is recommended to firmly maintain a bearish outlook, strictly follow the trading plan, which is far more important than blindly expecting a rally.
Trading Suggestions
Short positions can be arranged on rebounds to the 89000-89500 zone, targeting a decline to 88000-87500. If support is broken, continue to look down to 87000#BTC #ETH #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX