Good morning everyone! Due to the impact of news, the pancake surged to 100,000.
This wave of bullish momentum and time cycle exceeded many people's expectations.
The reason I am turning bearish is due to my style,
I am more adept at positioning in advance, although there will be instances of early positioning,
But after forming a trend mindset, the space I can hold will be relatively large.
The more challenging it is, the more meaningful my existence becomes!
Currently, looking at the market, after the baptism of the bulls,
The price has once again been pulled to a high level for consolidation.
The daily chart has shown four consecutive rising candles, continuously refreshing the previous high,
Always maintaining operation in the upper middle track,
In the smaller timeframe, the one-sided movement is relatively strong,
It has not provided much room for a solid pullback,
However, the victory of the bears below will eventually come,
The short-term surge is merely due to news,
Once the bulls continue to gather and increase their volume,
Then a significant plunge is bound to follow,
Currently, at high levels, it is advisable to focus on shorting.
BTC 103300-104000 area directly short,
Short-term target is first looking at 102000-100500
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