From the perspective of short-term volatility patterns, each rebound after a decline in the double bottom pattern is gradually diminishing, with the rebound strength weakening. This indicates that the bullish momentum has been exhausted, market participation continues to decline, and without capital support, it is difficult for the price to form a reversal trend. Bearish outlook will be the mainstream approach in the short term.
Trading suggestion: Short near 2980-3020, targeting 2860-2800-2700. If it breaks below, continue to look downward; if it does not break, follow the trend.
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From the perspective of short-term volatility patterns, each rebound after a decline in the double bottom pattern is gradually diminishing, with the rebound strength weakening. This indicates that the bullish momentum has been exhausted, market participation continues to decline, and without capital support, it is difficult for the price to form a reversal trend. Bearish outlook will be the mainstream approach in the short term.
Trading suggestion: Short near 2980-3020, targeting 2860-2800-2700. If it breaks below, continue to look downward; if it does not break, follow the trend.