Muyang 2.23 Monday Evening Market Analysis



The intraday market maintained range-bound consolidation, with highs reaching 68,900 and lows dropping to 67,500. The clear rhythm of shorting at high levels and buying at lows was evident, providing ample trading space.

Breaking news in the evening: the US postponed military strikes against Iran, and the Middle East situation showed signs of peace talks. Risk-off sentiment rapidly cooled, and the price of the coin surged nearly 3,000 points in response. Currently, it remains in a high-level range-bound oscillation.

This type of purely news-driven market movement is only an emotional rebound, not a trend reversal, but rather a short-term release of capital sentiment. The current strong opening of US stocks is boosting market sentiment, and the bullish momentum may continue briefly.

Trading strategy: primarily focus on short positions at high levels, see through the market fog, understand the true nature of the trend, and steadily seize structural opportunities.
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