Tuesday Orange Analysis:

From the current market situation analysis, this round of rise lacks strong and effective support levels and has not experienced any significant correction. After multiple rejections from above, a breakdown occurred, accelerating the downward movement. Currently, the downward pressure has become quite evident. In this continuously breaking market, once the bearish forces are concentrated, there is still room for decline below!

From a structural perspective, one should go with the trend, following the rhythm led by bears. A brief rebound is unlikely to change the current downward trend. The secondary pullback from the high serves as strong evidence. It is important to remember that a true support level should be accompanied by a strong rebound and no significant retracement. If frequent retracements occur, the structure for a reversal trend will be difficult to form. Therefore, the current operations should still focus on short positions, first rebounding and then continuing to short! #币圈段子

The big coin rebounded to the 95000–96000 range, with a pullback to the 93500–92500 range! #比特币关键区间 #PCE与美联储纪要公布在即 #ETH市场新动向 #NOT市场动态