Bearish confirmation$BTC,unless this week (weekly close) can miraculously close with a long lower shadow and close back above the moving average, this is a standard exit/short signal. It now appears that: the daily closing price has been below the weekly moving average for 2 consecutive days and cannot rebound above that line. There may be a short-term sideways movement (诱多) within just 4H, followed by another acceleration, heading straight for the pink contract area in the lower right corner. Reduce spot holdings, strictly prohibit long positions on contracts. Only attempt light short positions during rebounds or wait in cash.
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Bearish confirmation$BTC,unless this week (weekly close) can miraculously close with a long lower shadow and close back above the moving average, this is a standard exit/short signal. It now appears that: the daily closing price has been below the weekly moving average for 2 consecutive days and cannot rebound above that line. There may be a short-term sideways movement (诱多) within just 4H, followed by another acceleration, heading straight for the pink contract area in the lower right corner. Reduce spot holdings, strictly prohibit long positions on contracts. Only attempt light short positions during rebounds or wait in cash.