12.18 Big Pancake Morning Review | The Rebound Is Still a Bearish Opportunity
Last night's high short strategy has been realized, and the main force's intention to wash the plate is obvious, with the market completing emotional cleanup amid repeated pullbacks.
After a rapid rebound to 90300, the market quickly fell back, with a minimum dip to around 85000, where it found support. It is currently consolidating around 86000. The structure has confirmed a "rebound - pullback" pattern, with shorts still dominating in the short term.
Funds and trading volume continue to diverge, with rebound momentum being weak. Without a clear positive driver, the price is likely to continue testing the support below.
Operation Suggestion: Focus on shorting during the rebound
BTC: Enter short at 86800–87300, target 85500–85000
ETH: Same strategy, short positions are laid out under pressure during the rebound
