In the afternoon, the coin price slightly pumped to around 115,000, followed by a pullback of about 1,000 points in the evening, and then a small rebound occurred. After the opening of the U.S. stock market in the evening, the coin price faced another round of depth pullback, dipping to around 112,600 at its lowest. The slow pump in the midday gave us some misleading signals, and Zhiyu also made a small mistake, but we adjusted promptly based on the signals during the session, and the evening strategy was timely communicated to everyone. Our short order set at 114,545 captured a strong profit of 1,714 points again at the 112,831 level. Often, a temporary misjudgment of direction is not scary; as long as we can effectively avoid risks and timely capture the trend changes, doubling the position size isn't that difficult.


From the four-hour chart, the price of the coin has formed a bearish engulfing downward structure. The price has strongly broken below the middle band, and the Bollinger Bands are slowly opening again. The MACD energy bars are gradually weakening, and the bullish momentum is clearly insufficient. The fast and slow lines are about to converge, laying a certain foundation for further dips in the price. From the hourly chart, the price has experienced a large bearish candle that quickly broke through the lower band, once again forming an overbought condition. The Bollinger Bands are expanding rapidly, and the MACD energy bars show that bearish momentum is further strengthening. The downward channel is gradually opening, and the price is expected to dip further. The market should continue to maintain a rebound high strategy in response.
Short order on the big coin around 113000-113500, pay attention to around 112000; short order on the second coin around 3580, pay attention to around 2480.
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