You can sell out and buy again for ultra-short-term. If the US stock market opens down, you can try it out. The team has executed the strategy, the order has been issued, and the whole process is tracked $BTC

1.6 Bitcoin Trend Analysis

From the 4H level, the rebound is basically about to end, and a platform will be built around 99000 to unload, followed by a decline that will break the 98949 level from the day before yesterday. After that, we can start positioning short orders when testing 99700 in our area.

As shown in the figure, after Bitcoin descended from 100,000, it has been moving in a box structure. It is currently at the upper corner of the box, with the possibility of a breakout. At the same time, considering the liquidation, there are many high leverage positions above 100,000. Moreover, 100,000 serves as a key point, with many spot profits taken and retail short positions established. It is very likely to break through quickly, trigger stop losses, and then pull back. The defensive level needs careful consideration, while also paying attention to the resistance near 102600. Before Trump took office, I still focused on high short positions, only paving the way in the previous half month to lower the price, which led to a bigger surge right before taking office. $BTC