Maintain the strategy of selling short at high prices
15-minute Trend MA5 and MA10 are moving downward, but have not crossed MA30 yet; Bollinger Bands are opening; KDJ and RSI are moving downward;
Day Trend Maintaining a fluctuating trend, MA5 and MA10 are close to each other; Bollinger Bands are opening and moving downward; MACD runs below the zero axis;
Market Data The long/short ratio of BTC Futures is 77:100, and the shorts are temporarily dominant; The outflows of the top ten addresses are similar to the inflows; Fear & Greed Index is at 31, indicating panic;
Analysis Despite current fluctuations, the trend will soon be clear; Some of the long-term holders have become short-term holders; Maintain the strategy of selling short at high prices; You can sell short around 58,000 USDT, with strong support at around 54,000 USDT in the short term. If the price goes under 54,000 USDT, you can buy long at around 52,500 USDT.
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