Currently, market panic is intensifying, and trading volume is experiencing explosive growth! The momentum of the decline is continuously accumulating and becoming stronger.
From that large bearish candlestick, along with the pattern of declining volume, it can be concluded that panic sentiment has already taken a dominant position.
At this moment, the fierce contest between bulls and bears in the market has reached a boiling point, with bears urgently selling off and bulls hastily cutting losses, increasing pressure on positions and liquidations day by day.
In the short term, the market is likely to continue its downward trend, but the estimated decline is not expected to be too exaggerated.
Perhaps tomorrow we can expect a rebound after the overselling, but after the rebound, there is also a significant possibility of a further decline.
In the coming days, the market will likely enter a mode of slight fluctuations, continuing to consolidate and solidify its foundation in the bottom region.
Brothers, regardless of what trend the market presents, we must first recognize it and find the right direction.
Do not stubbornly hold onto positions, nor blindly chase highs and sell lows; only by achieving unity of knowledge and action can we carve out our own space in this ever-changing market!
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