The Bitcoin market is still unstable. When it rises, continue to short; don’t hesitate.
Although it has been slowly rising in the last 4 hours, it keeps surging and then retreating. It’s struggling to rise, and the KDJ indicator also shows overbought conditions, which could drop at any moment.
Market sentiment is currently too optimistic, with retail investors rushing in, and the greed index is high. Often, this is when a trend reversal occurs.
Continue to short between 106500-107500, looking at 104500
