The expectation of being bearish on the daily line has always been present. Treat this as a head and shoulders pattern or the M-top that lowers the peak. On the 4-hour chart, it has fallen whenever it touches the previous support and resistance levels. These important positions are 110400 and 108800. In general, any rebounds should be seen as short opportunities, and then observe the rebound near 100500. The reasoning is all in the candlestick chart; after analyzing well, just execute it. The most perfect scenario would be to continue to lay out bearish positions around 105600 after a rebound, and alerts can be set up. $BTC
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