$COMP COMP market analysis:
Currently, the 1, 2, and 4-hour charts all clearly show a bearish trend, and the daily chart also consolidates the dominance of the bears. For long orders and bottom-fishing operations, investors are advised to remain cautious and wait for a better entry time.
The daily chart shows that as long as the price remains below 50.60, the overall market will maintain a bearish trend.
In short-term operations, monitoring the 4-hour chart, if the market rebound fails to break through key resistances such as 51.03, 51.64 and 52.36, the downward trend may continue.
Therefore, the short order target can be set around 48.96 and 48.63.
For those who already hold spot short positions, it is recommended to consider adding positions in batches when the price approaches the 48.64 and 47.93 range to seize the layout opportunities in the decline and correction.
The essence of spot investment lies in accurately grasping market trends, flexibly adjusting strategies, and effectively resisting market fluctuations.
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