FOLKS, this round of market movement can indeed be called dangerous. Since peaking on the 14th of last month, the decline has approached 93%, and only in the past couple of days has it begun to ease. From a technical perspective, there are already clear signs of a bottoming out on the 4-hour chart—after hitting recent lows, the price has started to show an upward trend against the prevailing direction. The previously persistent downtrend line is being broken, and the candlestick patterns are gradually evolving into an ascending channel outline. Is this rebound after a deep correction a trap for shorting again, or a genuine trend reversal? At present, several technical details are worth paying attention to—not only the price rebound but also the accompanying trading volume and the breakthrough of key resistance levels. How the market performs next will provide the answer.

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GateUser-d86aca8dvip
· 18h ago
very risky indeed
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