Beware! The bears are sharpening their knives; any rebound is an opportunity to escape.
Recently, the daily chart of Bitcoin is filled with 'hanging man' candlesticks—long upper shadows clustered together, each time it spikes up, it gets knocked back down, and the rebound highs keep getting lower. This clearly indicates that the bears are quietly stockpiling ammunition; the bulls can't even touch the 108300 level, suggesting that this is not the time to buy the dip, but rather to look for shorting opportunities!
The price action resembles being held underwater, every time it surfaces, it gets slapped back down. The long upper shadows indicate that every bullish attempt is met with a bearish counterattack, and the continuously lower highs are undeniable evidence of bear control. Right now, 108300 is the critical line; as long as it doesn't break through, all rebounds are just false moves—short it without hesitation!
The price is oscillating at a high level, and the Bollinger Bands are almost squeezed into a single line; this is the calm before the storm! Although there is mysterious capital supporting it from falling further down, the gradually lower lows indicate that the support strength is weakening. According to historical patterns, this type of high-level low-volume oscillation is likely to lead to a C-wave plunge, and now is the critical moment to bet on the direction!
Operational Strategy:
Short Bitcoin at the current price of 106900-107400, first watch if it can break below 106300; if it does, it will directly head down to around 104600! Ethereum is even simpler, around 2420-2430 is the entry point for bears, with the initial target to crash to 2350; if it breaks below, then hit 2330 hard!
The market is like a tightly stretched rubber band; it will either spring up or crash down. Remember—don't be the bag holder when bears are in control; rebounds are your chance to escape or short!
The market continues to change; we are closely monitoring it to seize new entry opportunities. Like + comment, let's navigate the bull market together and seize this major opportunity.