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#币安合约实盘 **This morning's market observation: the bears are really intense this time**



The four-hour chart has already explained everything - consecutive breakdowns, unable to find decent support levels, and the bulls are struggling to make a rebound. This trend is a typical one-sided decline, with the Bollinger Bands opening downwards and the volume accompanying it tightly.

Although there are occasional small bounces on the hourly chart, they are not significant enough to change the overall trend. The bears are still continuing to release energy, and this trend is unlikely to end easily in the short term.

**My trading mindset?**
Short at highs, don't chase longs.

$BTC strategy:
When the price returns to the range of 102000-101000, consider testing a light short position, aiming to take profit around the 100000-98000 level. Don't be greedy, reduce your position in batches.

$ETH Strategy:
The concubine is a bit weaker, if there is an opportunity near 3300-3200, take a short position, with the initial target at 3220, and the more aggressive can wait around 3150.

Remember one thing: a rebound is not a reversal, going long now is going against the market.
BTC-0.76%
ETH0.72%
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BlockchainBardvip
· 11-07 23:13
Completely fell numb.
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SerumSurfervip
· 11-07 05:30
Short positions have gone crazy.
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ruggedSoBadLMAOvip
· 11-06 11:19
I've long been go-with-the-flow.
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TopEscapeArtistvip
· 11-05 00:00
Suckers are suckers, and the long positions mindset collapses overnight.
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CoinBasedThinkingvip
· 11-04 23:57
Here comes another wave of ATMs~
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LightningAllInHerovip
· 11-04 23:32
bearish traders did a great job this time
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