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⚠️Tonight at 20:30 Data Night, beware of rebound traps!
Market trend is completely within the four-wave correction structure.
My current view is that there is a shakeout and accumulation at high levels!
Every rebound is preparing for a decline.
Don't be fooled by short-term rebounds, keep your eyes open 👀
📊 Intraday key trading range
▪️Key resistance: 2108-2112 / 2130-2135
▪️Trading idea: Focus on shorting on rebounds, watch for deep pullbacks
🎯 Target levels
First target: 1960-1920
If it breaks below 1900, look directly at around 1860.
A sharp decline is only a matter of time!
🛡️ Support & entry reference
Short-term support: 1995-2000
Rebound to 2060-2065 after touching; aggressive traders can short on the rebound
Currently, the price is stuck in a dilemma, the most dangerous ⚠️
Both bulls and bears are betting on the direction.
Those caught now, longs are easily at the top, shorts buried at the bottom.
The main players' goal is very clear: oscillate back and forth, specifically to harvest heavy positions and high-leverage gamblers.
Any move can easily be met with a counterattack, sweeping out longs and then shorts.
Don’t chase longs, hold your hands, secure your shorts.
Wait for a big drop to buy the dip 📉