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Based on the two-hour (2-hour) structure analysis, the market channel trend has entered a sideways consolidation phase. Bullish and bearish capital battles are switching frequently, but the volume bars have not been able to continuously gather momentum and strengthen. Whether it’s an upward move or a downward move, there is a lack of follow-through momentum.
Prices keep moving back and forth, and after a pullback, bullish candles quickly recover the chart. The moving average trends are diverging and not consistent, making it impossible to form a unified directional guidance.
For trading direction, the key is to follow the trend. The main thinking is to stay primarily with high shorts. Since the support level below has not been effectively broken, you can pair it with short-term trading to take rebound long positions. Operations should be clearly prioritized, with primary and secondary trades handled separately.
Trading suggestion: Short around 2270-2300, with a move down to around 2220-2190. If it breaks below 2150, keep an eye on it. The defense (stop-loss) is determined by your own position size.
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