Layout on the morning of May 21:
The current market pattern is becoming increasingly intense, with both bulls and bears fearing being caught off guard. Lu Xun said that the psychological fear of danger is often a thousand times more terrifying than the danger itself. The more hesitant one is, the more likely they are to be hit like a startled bird. If you ask me, at the current position, a pullback is really needed. If Bitcoin doesn't drop below 90,000, it won't be able to rise higher. Those who should short definitely need to short. Here at dawn, the strategy isn't convoluted; it's straightforward and real. It's still the same line: let you refer to that pressure point, that resistance level. It sounds very professional, but in reality, they don't dare to make a precise statement. It’s meaningless.
BCH shorting strategy: Short near 393-398. Additional positions: To be determined in the comments section.
First tier target: 383-388
Second tier target: 373-378. Pattern position: 363