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Don't be fooled by Erbie's short-term bullish candles; essentially, it's just a weak correction. Key resistance levels are repeatedly being pressured, and after breaking down, there's a rebound to confirm resistance. The technical signals are fully resonating with a bearish outlook.
On-chain data remains sluggish, and there is no willingness for funds to enter the market. The rebound is merely a fleeting recovery, and the market is still expected to oscillate downward. Currently, there's no reason to chase long positions.
Trading suggestion: Short around 2150-2190, with a target near 2080-2050, and a break below 2000.