Thursday evening, persistence is victory. This morning we emphasized that 100,000 is strong resistance, and any rebound is an opportunity to short. A partner entered at 99,300 to short, making a quick profit of 3,000 points. Bitcoin has already encountered resistance, and a sharp drop is expected tonight!
Currently, the four-hour continuous bearish trend has broken below the middle band. Next, we need to pay attention to 93,500 and 92,500 here, which are the lower band support levels. On the 12-hour level, the focus remains on short positions tonight. The daily level is currently in a bearish trend, and prices are testing the lower band support.
Tonight, we need to closely watch if 92,500 can hold. The rebound during the day was hindered by the middle band resistance on the daily level, and in the afternoon, a large bearish candle directly dropped down. Do not try to catch the bottom to go long; instead, continue to look bearish with any slight rebound!
Tonight's short-term BTC trading: short in the 96,300-96,800 area, with targets at 93,500-92,500.
If your understanding does not match your ability to manage wealth, it will surely not belong to you. If you want to change yourself, move quickly! Supplement your knowledge! Follow the trend! Soar high!