Liyuan Community Live: There are signs of the market topping up, and bears are about to strike! Real time layout together
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9031749175 Hello everyone, I am Liyuan. I will be broadcasting live tonight at exactly 7 o'clock. Looking back at the early morning market trend, the current market rebound momentum has clearly weakened, and bearish forces have regained dominance. After accurately stopping at the key resistance level of $124200, Bitcoin experienced a significant pullback and effectively fell below the important psychological barrier of $123000. This means that the short-term upward structure has been disrupted, and there is a risk that the price will further decline to seek support. The trend of Ethereum is highly correlated with the big pie, showing its weakness. It has followed the correction from $4560 and has fallen below the short-term support of $4490, confirming the opening of the correction space. The next key support level is in the range of 4450-4430. If the downward trend continues, it may further test the $4400 mark. Overall, before Bitcoin fails to recover $123000 and Ethereum fails to return to $4490, the short-term technical outlook is clearly bearish. In terms of operation, it can be considered as an opportunity to short sell at high prices when rebounding near the resistance area mentioned above. Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. QQ group number: 871808998 Meeting number: 9031749175 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
