#BTC is currently hovering around 105,000-106,000. After peaking at 112,000, the trend has turned bearish! Our only action throughout has been: short on rebounds!

The current consolidation is a typical continuation of the downtrend (half-time break), not a bottom signal. After the fluctuations, it is highly likely to drop further, with the first target firmly set at 100,000 dollars.

Operation suggestion:

Continue to hold yesterday's short position at 106,500.