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3-17 Midday Market Analysis - Stated Early: Don't Chase the Morning Rally
Old Guo emphasized again this morning that sharp early rallies are never good news. If European session fails to break the high, the US session will definitely decline - this is market law, and today's action perfectly confirms it!
After the morning spike, the high point has been completely established. Throughout the European session this afternoon, bulls showed no strength to break the previous high, with bullish momentum completely exhausted. The major downtrend is officially underway. Next is the opportunity to short with the trend and make easy money - no hesitation, no doubt needed!
I clearly provided the direction this morning: any rebound is a short. The 75,000 short position was precisely placed, capturing 1,000 points in profit. Profits are securely in the bag.
Operation Suggestion: Short around 74,500-75,000 level, Target around 72,000-73,000 level #Gate广场AI测评官 #比特币站上7.5万美元 #加密市场上涨