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The current market situation is a slight pullback.
Price: From yesterday's rebound high, it has retreated to 3,104. This is a normal short-term correction, so there's no need to worry too much.
Market sentiment: Market sentiment has returned to caution. The total funds in the futures market are decreasing, and there are disagreements between different exchanges on long and short opinions (funding rate divergence), indicating that traders are not eager to chase high and are mostly watching.
After two days of gains, taking a break today is a healthy adjustment. As long as the key buying support (continuous net inflow) remains unchanged, and the price stays above 3,080, the trend remains intact.
Go long around 3110, target 3140-3200, stop loss if it breaks below 3080. #Gate储备金报告 #我看好的中文Meme币 $BTC