$COMMON Short-term positions face heavy selling pressure! 😱 In the past 10 15m K-lines, 8 closed lower, with an average fluctuation of -0.58%, and the market is in a 'high-volatility' state.
📉 Deep analysis of the decline:
From a technical perspective, K-lines with high bearish body ratios (such as 80.9% and 63.5%) have appeared consecutively, indicating strong and sustained selling pressure. Especially on the K-line with 3.54% volatility, although the body ratio was not large, the long upper or lower shadows suggest intense struggle between bulls and bears, with bears ultimately prevailing—possibly triggered by a breakdown below a key level, leading to stop-loss orders. 🚨
⚡ Short-term trading strategy:
Current price is around 0.003054. Given the high market volatility and bearish trend, blindly chasing the bottom is not recommended.
1. Aggressive short position: If the price fails to hold above the upper edge of the recent dense K-line area (refer to the opening prices of previous medium-sized bearish candles), consider light short positions with target at the previous low.
2. Cautious long position: Only suitable for experienced short-term traders! Wait for clear signs of reversal, such as a long lower shadow bullish candle with increased volume, and strictly set stop-losses. 🎯
Core reminder: Always use stop-losses with all strategies! Risk control comes first in high-volatility markets. 🧯
#COMMON #Cryptocurrency #TradingStrategy
(Data source: recent 15m K-lines; this article does not constitute investment advice)