5.6 Tuesday Bitcoin Morning Strategy

Last night, Bitcoin surged all the way up, reaching a peak around 95,200 points. Although it broke above 95,000 points, it couldn't stabilize and has now retreated to around 94,600, continuing to trend downwards.

From the 1-hour K-line of Bitcoin, it has started to form two consecutive bearish candles, and the KDJ three lines have crossed downwards, beginning to show a bullish crossover. Overall, it still appears to be in a downward trend.

The morning strategy remains focused on short positions.

Trading Suggestions

Short Bitcoin between 94,800 and 95,300, targeting 93,800. If it breaks through, continue to look downwards; if it doesn't break, you can go for a short-term long position.