Under the cherry blossom tree, everyone is beautiful, your love is the most fervent, you can't want both and still want more, one must enjoy life to the fullest, and be content
Bitcoin reached a maximum of 1061 yesterday before retreating to 10400. This indicates that there is significant selling pressure above, leading to a certain level of pullback when resistance appears. The short position mentioned in yesterday's article also had over 1000 points of space, so those who followed it have taken off.
As shown in the chart, the market has returned to the previous consolidation zone. It still needs some time to digest within this range. What is noteworthy this time is that it has attempted to break new highs three times in a row without succeeding. This is a typical signal of bull exhaustion. Therefore, the hunter believes a bearish trend has formed, and any rebound is an opportunity to short. The range of 1065-1068 can be seen as a watershed. As long as it doesn't surpass that, it is controlled, so the focus should still be on controlling the rebound during the day.
Control at 10580-106200 and 106800
Looking down at 104000-103000 and 101150
