This weekend, the Bitcoin market has been like a roller coaster, with wide fluctuations. It looks lively, but the actual momentum is weak. However, we had the foresight to lay out short positions in advance, and this operation was too beautiful, directly capturing a space of 2000 points, making our pockets swell! Today's overall rhythm still shows a strong bearish trend, and we remain firmly bearish. Opportunities are right in front of us; follow my rhythm and continue to dominate the market, bringing more profits into our pockets!
From an overall structural perspective, the market is in a weak downward channel, with prices constantly under pressure and declining. Since the weekend, the bullish force in the market has been lacking, with bears dominating the market. From a technical perspective, an effective resistance has formed at the mid-track in the short-term four-hour level, which has not been able to break through after multiple attempts. It is highly likely to continue to be suppressed and extend the downward trend. It is advised to remain cautious in operations; in the short term, consider laying out short positions at highs and closely monitor the market's reaction near the mid-track. If the rebound cannot stabilize at the mid-track, the downside risk will further escalate.
For the large Bitcoin, aim for shorts around 96000-96500, looking at 94000.
For the altcoin, aim for shorts around 2580-2585, looking at 2400, 4205, 4366, 0966, 8200, 4405, 1980, 4754, 8877, 3165, 8231, 5529, 2278, 0490, 02.