The shift in thinking for short-term trades in the early morning looks to raise prices to repair the weekly gap. The strong resistance reference is around the 995-100500 area.
Currently, the weekly and five-day lines are undergoing a technical rebound adjustment. Whether this round of movement is a high sell-off or merely a bull pullback's second wave hinges on whether the 995-100500 area can be effectively broken through.
If a successful breakthrough and stabilization occur, then the subsequent coin price will significantly increase again, heading straight for new highs within the year; conversely, if the 995-100500 area cannot be effectively broken through for a long time, everyone should be cautious of the large-scale rise and fall mentioned earlier this week.
Swing reference
990 long, target looks at 980-971
