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3.10 Double Bull, yesterday the double bull surged to 2052.83 before encountering resistance and pulling back, forming a long upper shadow bearish candle. Selling pressure above is obvious, and the bullish momentum is insufficient.
Currently, the price has broken below the MA7 short-term moving average of 2015.36. Although the MA7 and MA30 at 1992.63 still remain in a bullish alignment, the short-term trend has weakened.
The KDJ indicator has formed a death cross downward, with the K, D, and J lines simultaneously entering the weak zone, indicating increased market correction needs.
Overall judgment:
Short-term rally and pullback, with all indicators weakening, most likely oscillating and consolidating in the 2000–2020 range, waiting for indicator recovery.
Trading suggestions:
Buy in batches within the 2035–2070 range, with targets at 1980–1900. $BTC $ETH #哈梅内伊之子当选伊朗领袖