Yesterday we perfectly grasped the trend, from the morning rebound looking at 102500, to the evening's open price short at 102500.
Four trades: three wins and one loss, with a total gain of 5800 points on Bitcoin and 205 points on Ether!
Bitcoin continued to plummet yesterday, with a single-day drop of over 7000 points, directly hitting the bulls after two consecutive trading days of decline.
The four-hour chart currently shows a short-term breach of the upward trendline support at 96300. If this level is lost, the daily chart will continue to test the vicinity of 94000.
However, the 96300 support has not actually been broken in the four-hour chart. First, let's see if this level can rebound, with the upper resistance switch point at 99000! This morning, we continue to focus on shorting during the rebound.