The trend of BTC seems to have entered a 'soft period,' with a lack of strength in the phase rebound. From a technical indicator perspective, the MACD double line death cross clearly releases a bearish signal, while the BOLL upper band touches and then retracts, making a breakthrough unlikely. Meanwhile, trading volume has significantly shrunk, and market sentiment is low, providing ample momentum for a downward trend in the short term.
Currently, the bearish signals are strong, and choosing to enter short positions at this time may indeed lead to high returns, but it also comes with high risks. Setting the stop-loss point is particularly crucial— in a rapidly changing market, preserving capital is always the top priority.
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