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This morning's market trend continues to be validated by the market movement. The trend is moving downward as expected, and the bears are becoming more solid. The support levels below are being broken one after another, and it is basically confirmed that the market is in a breakdown and downward trend. Traders should be cautious; the key bottom support zones that were repeatedly emphasized before are now under severe test. Whether these levels can hold will directly determine the subsequent market direction.
Looking at the four-hour chart, Bitcoin's downward momentum is still continuously releasing. Last night, it tested a new low again, and the downward space continues to open up. All three lines of the Bollinger Bands are moving downward, indicating that the entire rhythm is dominated by the bears. #数字资产市场动态 The same applies on that side, with consecutive large bearish candles smashing down, the price has already broken through the lower band of the Bollinger Bands, dragging the overall market focus downward, with no signs of the bears weakening.
The current situation is very clear— the bearish trend is confirmed and very resilient. Tonight's trading should follow this logic: sell short on rebounds, patiently wait for signals that the rebound is losing strength. Do not blindly try to catch the bottom; the market is now in the hands of the bears. Follow the trend and manage risks properly.