Futures
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Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
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Demo Trading
Introduction to Futures Trading
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Demo Trading
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Launch
CandyDrop
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Launchpool
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Launchpad
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Alpha Points
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Evening Analysis
Yesterday's rally in Bitcoin was merely an emotional pulse; the key resistance was not broken, and selling pressure above remains heavy.
After touching the upper band on the four-hour cycle, it quickly plunged, and the bullish momentum has been completely exhausted.
The market has returned to a bearish dominance, and external positive factors are unlikely to change the overall weakness. The rebound is just a technical correction during the decline and does not have sustainability.
The future trend is clear, and the bearish outlook remains unchanged.
Trading Recommendations
Short positions around 71,700-72,200 for Bitcoin, with targets near 68,700-69,200
Short positions around 2,090-2,120 for Ethereum, with targets near 1,840-1,870