Market trends are ever-changing. To sustain in the cryptocurrency space over the long term, investing time is essential. The same trend can be understood differently at various levels, which is why we need to monitor the market in real-time. Early in the morning, we identified overhead resistance and directly advised everyone to enter short positions when it rebounded to a high level, with a target of 93500. In the end, the lowest it reached was around 93600, which is close enough. This is the charm of real-time monitoring and analysis.
The Bitcoin daily chart closed with a bearish candle as expected, and there is currently a slight rebound. It can be seen that the recent trend has mostly followed this pattern, operating within a high-level range. From the four-hour perspective, it's also clear that every time it stretches to around 95500, it gets pushed down sharply, and the Bollinger Bands are diverging in a parallel manner. So, we are currently at a high level, continuing to treat it as a short position in the morning.
Short Bitcoin at 95000-95200, watch 93000.
Short Ethereum at 1815-1830, watch 1750.
