Good morning, the intraday market has once again undergone a Depth pullback. Although the coin price had a slight Rebound to around 11.56 in the early hours of the day, it did not have a significant counteraction on the further pullback of the coin price. Subsequently, the coin price experienced a Depth pullback, breaking below 113,000. Last night, I repeatedly reminded everyone that the swing trading was once again precisely grasped. Our actual trading had a short order set up at 115,660, and we accurately captured a Fluctuation of 2,332 points at the 113,332 level. Following Zhiyu's thought process and rhythm, when the market trend unfolds, doubling the position size in a single order is not out of the question.


From the daily chart, the coin price has fallen below the lower track again due to two consecutive large bearish candles, causing the current market to enter a rapid decline with overbought indicators. The bearish sentiment has once again been ignited, and the market may further experience a deep pullback. Looking at the four-hour chart, the coin price has been rapidly declining around the lower track with consecutive bearish candles. The price has repeatedly fallen below the lower track, with some rebounds occurring in between, but they have not been significant. The Bollinger Bands are expanding rapidly, and the MACD fast and slow lines are showing a rapid divergence. All signs indicate that before a clear stop-loss signal is given, the coin price will continue to extend its downward trend. Our bearish outlook remains unchanged, focusing on shorting during rebounds.
The main coin is short at 113500-114000, pay attention to around 112500, the second coin is short near 3500, pay attention to around 3400.
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JiaYiBingSiBoxervip
· 08-02 00:41
Bro, take me along.
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