Good afternoon, brothers. Yesterday, we made a rebound with Bitcoin, having some Ethereum, Solana, XRP, and Dogecoin. Today, the overall trend started to decline. The weekly candle closed bearish, above 112,000. After the daily candle opened, it did not stop falling, with a big bullish candle being digested by three bearish ones.

In the meantime, a piece of news broke that an old OG sold over 22,000 Bitcoins to switch to ETH, which caused a market dip. There isn’t much fundamental stimulus; this kind of switching also indirectly proves that the market is still active. No matter which asset you trade, without market activity, OGs won't engage. Just as things started to pick up a bit, the market fundamentals dragged it back down.

I still don't see the 100,000-112,000 range being pierced easily. If it breaks below 110,000, that would be an opportunity for accumulation. Levels around 108,000-110,000 can be used for ambush; for Ethereum, it would be 4,500-4,400.

Although we are looking at Bitcoin for the medium to long term, for intraday trading, brothers can take short positions on rebounds while waiting for a turning point to appear.

Around 112,000-1250 for short positions, replenishing around 113,000, watching 110,500 with strong support at 108,000.

Short positions around 4,670, replenishing around 4,700, looking at 4,500 with strong support at 4,400.