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Beware! Short-term rebounds are all traps; do not blindly chase higher and buy in!
The overall market trend in the morning is relatively weak, with Bitcoin continuing to fluctuate weakly. After a sharp plunge and dive last night, the market saw a slight bullish rebound, but this rebound is essentially a trap to lure in buyers and shake out weak hands. Do not be fooled by the brief warm-up.
Short-term strategy reference
Bitcoin: Look for a short position in the 76,600-77,200 range when it rises, with the lower target at 75,500-75,300.
The current bearish trend is clear, and the short-term bearish outlook remains unchanged. Every rebound is an excellent opportunity to short, firmly avoid bottom fishing and catching falling knives, and maintain a steady rhythm. #币圈 ##Blockchain $BTC $ETH