Bitcoin breaks through the 100,000 mark again. Where should short sellers go?
Bitcoin made a powerful move last night, breaking through the 100,000 mark, currently reaching a high of 109,000. There is still some potential for further upward movement in the short term. Looking at the four-hour chart, the KDJ indicator has formed a golden cross and is continuing to operate, while the Bollinger Bands are expanding. There is definitely some room for a rebound in the short term. The current market conditions suggest maintaining short positions after a new rebound high. For market consultation, contact btc0297.
Bitcoin trading suggestion: Place short orders around 100,800-101,300. Target: 99,000-98,000. Risk control: 101,800.
Ethereum trading suggestion: Place short orders around 2,050-2,100. Target: 1,980-1,930. Risk control: 2,130.