Tuesday Morning Thoughts, Overnight Plunge, Bearish Trend Continues

Overnight, the bears have once again plunged, and the 110,000 support level ultimately could not hold. Currently, the overall trend indicates that the bears are leading the market, and the overall rhythm is weaker than ever.

From a technical perspective, bearish sentiment is strong, with all levels showing a bearish alignment. The bulls have long since exited the market, and we will continue to monitor the market's downward movements throughout the day.

It is suggested to short near 1105, looking down at the 1080-1070 area, and if it breaks, continue to watch for 1050. $BTC