Bitcoin is not just a currency, but a revolution of freedom and opportunity. It does not belong to any institution, but to those who dare to embrace the future. Having talked all day without any follow-up, we have no way to change this; as I reminded earlier in the evening, just short at any point and it’s done, whether early or late, or more or less, you can still take a wave of profit. Today, the total shorts on Bitcoin reached over two thousand points, which shows real strength.
The intraday Bitcoin market shows a reverse V shape. After hitting the bottom in the early morning, the price rebounded and warmed up, reaching a peak of around 102100 before stopping. The short-term rebound and repair strength is not very great; the second wave of decline has not completely ended, and the third wave of decline is still brewing. From the hourly level, the price has shown a five consecutive bearish trend, touching the middle band of the Bollinger Bands at 100800. The previous rebound gains have all been reclaimed by the bears, and the high short position still prevails in the early morning.
In the early morning, Bitcoin should still short at any point, initially aiming for the break of 100800, and the second target looks down to 99000.
Ethereum synchronously looks down to 2130#币安HODLer空投NEWT #币安钱包TGE #Strategy增持比特币 $BTC $ETH