Surprised! Everyone thought Bitcoin was going to rebound from the bottom, but it has dropped to around 95,000 again!
The market makers like to go against the logic of retail investors, so the recent slight rebound in BTC doesn't mean much. It must break through the previous high and stabilize; otherwise, if BTC doesn't break the previous high, it will continue to retrace. Just now, a signal to short Bitcoin was given when it was around 96,000, providing a thousand-point opportunity for everyone. If you grasp the trend signals well, you can be the first to take advantage of the opportunity!
Just updated the current strategy, which is also following the trend, a relatively normal approach. After a slight increase, it faces pressure again and continues to decline, which is consistent with our predicted direction. The main reason is that the retracement space is too large, and the correction strength and methods are still relatively weak. The best way to judge whether the market is strong or weak is by the space; currently, it is continuously declining, so continue holding the short position from early morning and keep looking bearish. Those holding short positions should still pay attention to the key pressure points at midnight to short again, and the target doesn't need to change too much for now.