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February 18, 2025 07:44:33
The weekly MACD death cross is the biggest obstacle. When it comes to weekly suppression, we need to know about the capital suppression at the weekly level. The capital suppression at the weekly level is the suppression of large funds, and it is inevitable to adjust and oscillate, so don't think about breakthroughs, it's impossible!
Therefore, every small-scale rally is just a flash in the pan, all for the purpose of trapping people!
So what we can do is enjoy this volatility, those who are technically inclined can play, those who are not can play dead!
Currently, the MACD from the hourly to the daily timeframe is below the zero axis, and from the daily to the weekly timeframe, there is a death cross, indicating an extremely weak trend.
Today is mainly to see if the 8-hour death cross can trigger the 12-hour macd death cross. If it triggers the 12-hour macd death cross, then it will test the support at 9w, break the 9w daily line and then rebound!!