The main short strategy shared yesterday successfully predicted the market trend, leading everyone to achieve considerable profits, conservatively estimated at least 2500 points. Anyone who carefully read my strategy article could benefit from it.
4-Hour Structure Analysis
From the current 4-hour structural chart, the price is oscillating near the middle track, after a series of doji candlestick patterns, a large bearish candlestick has dropped significantly, testing the support area below. Given the current rebound strength, the pressure from the middle track will continue to suppress the price. More severely, the subsequent market is likely to continue the bearish trend with increasing volume, persistently testing and breaking through various support points below. Therefore, the subsequent operations should firmly maintain the main short strategy and avoid fantasizing about a bullish reversal breaking new highs.
Operation Suggestions
When Bitcoin rebounds to the range of 108300 - 108800, you can choose to short, targeting around 106000. If the price breaks below 106000, I will publish the subsequent target points below again.
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