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Market Quick Review: #BTC
1F: The rebound center formed last night at this level did not provide effective support. Instead, it broke down to form a third sell, eliminating the ambiguity of the trend and turning it into a 5F downward expansion. Therefore, long positions were closed and exited last night. Currently, the market is in the process of constructing the third sell of this center, so short positions can be entered at any time to observe a downward extension of the trend.
Two entry methods: Enter at the current third sell, or enter when a 1F center b in the B structure is formed below.