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U.S. stocks opened slightly higher, the rebound continues but the space is limited.
U.S. stocks opened slightly higher in the evening, driving a short-term small rebound in the crypto market, but the overall structure remains weak.
Bitcoin (BTC) lacks rebound momentum, the bearish trend remains unchanged, and the strategy stays the same - rebounds are still primarily bearish.
📉 Operation Reference:
BTC (Big Cake):
Pay attention to short opportunities in the 122000 and 122600 areas. If the Rebound is under pressure and does not break, it can be gradually arranged.
Pay attention to the target range below 121200 and 120200, focusing on whether it can stabilize in the support area.
Overall, the current rebound is more of a weak repair, the direction has not changed, and it is still in a bear-dominated cycle.
It is recommended to control the rhythm and position in operations, think in line with the trend, and follow with a light position.