$BTC $ETH

I didn't actually enter Bitcoin today

I opened a long position on SPX and a short on Hive

One at 5x leverage and the other at 15x leverage

So I didn't trade Bitcoin today

However, I did take a glance when the US stock market opened

It just happened to hit the critical point on the 4-hour RSI

As I mentioned on Saturday, today we change lines and expect a drop

Sure enough, it dipped this morning

Why did it drop this morning?

It shows you a divergence in the lines, and the closing will make you feel like it’s going down

Plus, since it hasn't broken 99 for a long time, people naturally feel they can short

Today is Monday, and the daily, 4-hour, 1-hour, and weekly charts are all changing

So I had already predicted this on Saturday and reminded everyone not to chase shorts

The previous rise was a trap for shorts; this kind of rise is meant to bury people

It hasn't accelerated, making the bears think they can still hold on

At worst, a 100,000 loss or liquidation at 100,000+

Switching to the daily, there were two doji candles on Saturday and Sunday

A doji indicates a consolidation; combined with the 4-hour not breaking down

It indicates a continuation of the uptrend, rather than a reversal

On Saturday during the day, I even suggested taking profits on the 3620 short

Because I saw that Bitcoin had issues on the 4-hour and couldn’t drop

Which means it’s still in a trap for shorts