Liangxi's latest trading strategy is here. The overall direction remains bearish. Liangxi mentioned that Bitcoin has dropped to around 103,000, which has opened up a small rebound. If it can rebound to 106,000, that would be even better, as there is significant resistance around that level. A short position is very cost-effective. The long entry point is around 103,000, and I am still bearish in the long run, potentially not bottoming out until July or August.
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