From the 4-hour chart perspective, although the price rebounded after touching the bottom support of the trend, don't celebrate too early; this is just a "comeback performance" after the MACD death cross. The market has only shown a slight pullback during the correction, seemingly stable at first glance, but in reality, it is turbulent beneath the surface.
This situation of "bears slowly accumulating strength" is like a beast poised to strike, waiting for its prey to expose a flaw!
The smart money in the market always acts where you can't see. If you are still fantasizing that the rebound can change the situation, wake up! Trading is a psychological battle; only by following the right direction can you survive.
Want to know what conspiracies are hidden behind this round of rebound? Follow Uncle Qian; practical interpretations will make you steady as a rock, no longer a bag holder!
