The intraday market continued to rebound in the early morning, breaking through yesterday's new high, causing the short position to be swept by 300 points. After breaking the high, there was a backhand long, and then it also won 500 points. Then the market tended to fluctuate, and the short long gained 200 points before going short again. At night, the bears exerted downward pressure and rebounded again after the tea needle. However, even if the bears took a stand after the tea needle rebounded 300 points, they still managed to win more than 300 points. Then no matter how many points he got, he still got 400 points. What do you think of tea needles? I believe many people don’t know much about it. It depends on the strength of the tea needle, which determines whether the rebound will continue. The market outlook will be discussed in detail.
From the market point of view, although the bulls are relatively strong in the short-term market, the bears are not to be outdone and have been repeatedly seeing each other. Moreover, after the wave pattern is over, the trend is no longer a bull trend, but a shock recovery. Due to the early bullish pull, If the intensity is greater, the correction range will not be small. Moreover, the upper high point is already a resistance level. At the same time, various moving averages have resistance at high levels, which means that there is not much space above and it is also at a high level. On the other hand, the space below is very considerable. In addition, with the repeated retracing of the market trend, it is still better to go short. suitable.
At midnight, it is recommended to be short around 37600 to 37800, and look at around 36300. #etf #BTC #WLD #YFI #ETH


