$BTC BTC dropped comfortably last night. I informed in advance that after breaking 1036, it would open the floodgates, and it really followed the expectation. It temporarily dropped below the 100,000 mark, and it was just a last step. Recently, Fenglang's market sense has been completely off the charts.
So what to do today? Last night I opened a short position at 1055, and I've rolled my position down to 1041 now.
After breaking 1036, if it retraces below 1036, that’s your opportunity to enter. As the bearish trend arrives, if you dare not short and then chase the downtrend, do you think you can trade well in this way?
Tonight, pay attention to the second test. If it fails to break the new low of 1003, then all shorts should be cleared in time.
Only by continuing to break lower, dropping below the 100,000 mark, and even reaching 990, can shorts be held confidently and boldly at $BTC .