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GUSD Minting
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After Bitcoin retraced to 90500 in the early morning, although it rebounded to 91200, everyone can see the strength of this rebound, which is completely unsupported by volume.
Currently, from the market perspective, the middle band of the four-hour Bollinger Bands is under obvious pressure, and the upper band on the hourly level is also facing heavy selling pressure. This clearly signals that the bulls are exhausted. Want to change the trend? It’s currently impossible. The same rhythm applies to the姨太 (mistress) side. Since the trend is already very clear, let’s keep our operations simple: follow the trend and go short!
Bitcoin rebounds around 91500-92300, with targets first at 90300-89300; if broken, then aim for 88300.
The姨太 (mistress) rebounds around 3130-3180, short below, aiming for 3050-3000. $BTC #美联储降息 $ETH