Wednesday Morning Thoughts

The recent market has been revolving around the bears, and there hasn't been a decent rebound. Yesterday, after Bitcoin broke below 113,000, it continued to oscillate at a low level, which is a sign of accumulation, waiting for everyone to catch the bottom. We won't fall for this trap; today we continue to short, all the way down.

Recommendation to short around 113,500, looking at 112,000. If it breaks, continue to look down at 111,000-110,000. $BTC