Recently, the market has been sending signals indicating that the main index is about to enter a correction phase. Today, the Bitcoin experienced a downward pullback as predicted yesterday. As of now, the daily chart shows three consecutive bearish candles, which has changed the current technical signals. The MACD and KDJ have crossed into a death cross, and the 7-day strength indicator RSI has fallen to around 45, with bears dominating the market. This morning, our strategy is still primarily bearish.
Bitcoin around 104700 short Target 102000
