Yesterday's surge during the day wiped out some very determined shorts, clearing all short positions around 101400 from yesterday, and seizing liquidity. This action is nothing more than eliminating those who were not very determined in the first place, starting a psychological battle. Currently, it is believed that there will be a decline tonight or when the market opens on Monday, with a space around 4000, but there is basically no pressure or resistance reference. The surge had no technical analysis backing; it was just a sudden spike after a reckless increase in volume.

In the early morning, I mentioned that looking at Bitcoin historically, this position has basically reached 90% of its height. If there isn't a small waterfall to wash out the bulls in the next couple of days, we should pay attention to ETH and SOL. It's not surprising if Ethereum sees a rebound of two to three hundred points overnight; SOL could look towards 260, with a minimum around 210. So, if we have our spot positions below 120, wouldn't that mean we are waiting for the clouds to part and see the moon? 😊$BTC