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#鲍威尔讲话 The daily downtrend has lasted for 11 days, with all three moving averages pressing downward in sync. Looking at the 4-hour chart, it's a clear one-sided sell-off.



The current situation: if the 93,500 level doesn't break, it's very difficult to reverse the downward trend. In the short term, it will mainly remain weak and range-bound.

Personal opinion:
BTC can be considered for a short position in the 93,500-93,000 range, with an initial target around 82,500.
ETH can also be shorted around 2,750-2,720, targeting 2,600.

$BTC $ETH $ZEC
BTC-2.88%
ETH-3.98%
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EthMaximalistvip
· 9h ago
11 days of one-sided dumping, this round is really brutal. If 93500 doesn't break, just hold on, doesn't seem like it will rebound that easily. --- Short trap is here again, it's always the same trick. But 82500 does look appealing. --- If ETH breaks 2750, that might be the real signal. For now, better wait and see. --- Why is it that every time Powell speaks, it's always like this? The crypto market just can't catch a break. --- 82500 is probably a psychological level. No one can say for sure what will happen then. --- Weak consolidation just means repeated whipsaws, trading is as hard as it gets. --- This drop is pretty brutal, no one really knows where the bottom is.
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BanklessAtHeartvip
· 9h ago
It’s been 11 days and it’s still dropping. The pace is really intense. Better to set up short positions early.
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Anon32942vip
· 9h ago
The sell with bearish market for 11 days is really amazing, if 93500 can't be broken, there's no hope. It feels like it will continue to fall, the short order has already been set. This wave will see 2600.
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