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#SQD This wave of rallying was stopped at 0.08885, and a short-term correction is quite evident. The 15-minute and 1-hour candlestick charts are starting to weaken, and there are signs of capital withdrawal at high levels.
Speaking of going long, it's risky to chase now. You should wait until it stabilizes around 0.08 and shows signs of new capital entering. Otherwise, the correction at this high level might be larger than expected.
For shorting, as long as it can't quickly break through the 0.08885 resistance level, a pullback to 0.08 or even lower is highly probable. After this rally, the bullish momentum has also been largely exhausted.
Of course, if it can stabilize above 0.08885 later on, that would be a different story. But given the current situation, the short-term trend leans more towards a correction, and shorting might be a more worthwhile focus. #加密行情预测 #比特币与黄金战争