Midday Strategy Thoughts

This week has repeatedly impacted $96,000 without success. It seems that the 🐶 institution is also reluctant to let go of the large positions trapped above. The candlestick patterns have shown a top reversal and a doji, indicating that the trend may be about to reverse downwards. Today, we should lay out a high short strategy, and if it breaks through $96,000, we will adjust our thoughts accordingly.

Midday Strategy

Bitcoin in the $95,000-$95,500 range, looking towards the $93,000 area.

Ethereum in the $1,800-$1,820 range, looking towards the $1,720 area.