The start of a new week, good morning everyone. After the oscillating market over the weekend, we enter Monday.

The 4-hour trend is also very clear, continuously weakening and declining. From the candlestick chart, it is evident that there has been hardly any rebound, and most of the time it has been closing with bearish candles, moving downwards. It rises slowly but falls quickly, continually hitting new lows. In this ongoing weak market, any rebound is a good opportunity to short. The market is weak, so we just follow the trend and short accordingly.

Bitcoin range 106000-106500 looking at 104000-103500

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