Morning Trend | Coinbase sees increased volume on pullback, is a rebound window opportunity coming?

Last night, as the U.S. market was closing, market sentiment for Coinbase (COIN.US) began to warm up, with many community traders placing incremental buy orders at the intraday lows. The overall cryptocurrency atmosphere remains cautious, but Bitcoin's short-term stabilization has led to a marginal recovery in funding sentiment, causing significant fluctuations in COIN, making it one of the focal points in the digital currency sector. In the short term, COIN's five-day moving average is still below the twenty-day moving average, and the main bullish forces have not yet fully taken control. However, as the price approaches the lower Bollinger Band and continues to retrace with decreasing volume, it technically accumulates a certain rebound momentum. There are many rumors circulating in the market about "interest rate turning" and the landing of ETFs, with mainline funds eager to act, and many trading accounts are starting to accumulate positions at low prices, following Bitcoin's rhythm for short-term bottom fishing. On the news front, the U.S. and several countries are strengthening cryptocurrency regulations, which, while bringing uncertainty, also makes sensitive funds more inclined to favor rebound windows. Large funds have temporarily chosen to control positions and observe, but as long as BTC stabilizes, the atmosphere for chasing COIN could be ignited at any time. The market also shows that overnight major orders are intermittently sweeping up, with chasing and panic buying frequently tugging at low levels. Once Bitcoin leads a rebound, digital asset trading platforms are expected to follow suit with increased volume. Conversely, if BTC continues to decline, COIN will inevitably face short-term pressure, and caution is needed regarding false breakouts on low volume during rebounds. Currently, sector funds are rapidly rotating, and news and major movements are key trading references. It is recommended to closely monitor the evolution of long and short positions in the market and seize the rhythm of unusual movements