Good evening, brothers! I don't know if everyone feels the same as Jun Ge. This afternoon, the market felt off, and the rebound strength throughout the day was pitifully weak, completely failing to support the expected market rhythm.
Next, the core is to see if the interest rate cut expectations can inject some momentum into the market and lead to a decent rebound. The current rebound has no volume at all. For now, let's maintain a high short position; if you don't understand, Jun Ge advises you to watch and rest first. There's no need to stubbornly hold onto rough trades. This afternoon, I also told the brothers that sometimes waiting is also a form of trading. Don't get itchy hands and enter the market randomly, or you'll end up cutting losses back and forth, and in the end, it's all for nothing.
Currently, we should first look at the upper pressure range of 85400-86000. This is the first pressure point for the rebound. If we can strongly break through this range, then look at 86800 and 88500 as strong pressure points; these are also key to whether the subsequent market can reverse.
At present, the essence of the market is still biased towards bearishness. If the short positions can approach the second pressure zone, they should. The target support line below looks at 83500, 83000, and finally 81200.
Today is another day of victory for the bears. Currently, the hourly level still clearly shows a downward volume. Next, let's see the two strong pressure points of 2780 and 2860; the shorts are also relying on these points. If the rebound can show some strength and stabilize above 2860, then there will be a chance to test the daily level pressure at 2940.
The target support below currently looks at the two positions of 2700 and 2620. The market has not escaped weakness; remember, only by breaking through 2940 can a reversal condition be formed. Otherwise, it is merely a weak rebound repair, and the trend will still lean towards weak fluctuations downward. $BTC #加密市场回调 $ETH #美联储重启降息步伐

