30F, still a bearish structure. The recent three rebounds are relatively weak, failing to form a bullish emergence on the right side. Instead, the structure remains a bearish one that has not yet formed an upward channel. At the medium to large level, it is still advisable to hold short positions.
1F, repeatedly drawing gates here makes the trend more chaotic. You can refer to my red correction division. Due to the emergence of a bearish trend, I personally lean towards a secondary sell here, initiating a downward move on the 1F. Therefore, consider shorting here.
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Market Quick Review:$BTC #BTC
30F, still a bearish structure. The recent three rebounds are relatively weak, failing to form a bullish emergence on the right side. Instead, the structure remains a bearish one that has not yet formed an upward channel. At the medium to large level, it is still advisable to hold short positions.
1F, repeatedly drawing gates here makes the trend more chaotic. You can refer to my red correction division. Due to the emergence of a bearish trend, I personally lean towards a secondary sell here, initiating a downward move on the 1F. Therefore, consider shorting here.