Bitcoin has broken through the neck line, and next we continue to watch the downward trend. The resistance level at 96000 maintains a strong attitude, and the large bearish candlestick directly engulfs the previous price action, completely covering the fluctuation range. The situation is set, short positions are in progress, and a slight rebound is an opportunity to enter short!

The bearish trend has already started, with the bearish candlesticks pushing down, especially on the hourly chart, which shows a double top structure. Market rebounds are opportunities for shorts, do you think the rebound indicates a reversal? For now, 96000 is the top structure!

This is how trading works; hesitation only leads to missed opportunities. The interplay of bullish and bearish candlesticks is the nature of K-lines. A fluctuating pattern is inevitable; it is normal to rise from 92000 to around 99000 and then drop back down. Are you keeping up?

In the afternoon trading for Bitcoin, I personally suggest entering short at a price rebound between 95350-95850, targeting the downside around 93500-93000!