3.13 Afternoon Market Analysis



High-level luring of bulls has emerged, and the shorting window is opening! Current disk shows obvious characteristics of high-level bull traps, with short-term gains exhausted, daily line top divergence + RSI overbought, bull momentum severely exhausted.
Insufficient support above, volume declining, morning rebound was only capital replenishment, not a reversal, trapped chip selling pressure hasn't fully released yet.
No sustained positive news on the fundamental side, technical and fundamental aspects are disconnected, one-way uptrend has no chance.

Rebound to 71800–72100 as the shorting target, first watch for the 70000 breakdown, then look to 69150 post-breakdown.
Do risk management well, wait patiently for the shorting signal to materialize! #Gate2月衍生品市场份额创新高 $BTC
BTC3.01%
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