Yesterday's overall market prediction accuracy was relatively high. Whether it was the daytime trading suggestions or the evening market strategy, it clearly indicated that "the market will decline and is very likely to fall below the 110,000 level." Ultimately, the market trend completely matched expectations.
- The impact of news is limited. Although there was previously some positive news support, it failed to drive the market to continue rising, indicating insufficient bullish momentum.
- The technical side is under pressure and has broken down. The price has always been under pressure at the daily mid-line, and the current 110,000 level has officially broken down. This breakdown is a key signal for the continuation of the bearish trend. In the short term, the market is still dominated by bears, and the strategy remains "bearish main short," not blindly bottom-fishing, and relying on key resistance levels to layout short positions.
- A short position can be set when Bitcoin rebounds to around 110,500, with the target points looking down at the 108,500-107,500 range.
