The new currency $1000CAT seems a bit off, the possibility of a callback is quite high, long positions should be cautious of risks.

The indicator has a dead cross + has broken the trend line, and there is an M top covering the rebound later, this is not a very bullish market for long positions.

The risk-reward ratio for short positions is a bit poor, the structure below is complex, it is not recommended to enter, just a reminder that bulls should pay attention to stop losses.