Bitcoin is still below the pressure level. You can take a stop loss to participate in short selling. The stop profit is 95000 or 93000.
It is not recommended to chase long, the risk is very high.
If it successfully breaks through 99500, consider entering long orders on the right side. The next target is 102000, around 0.618 of the whole decline.
There is a top divergence in the one-hour MACD, and there is a risk of downward retracement.
The ADA short order given at 0.918 last night is currently slightly profitable and can continue to be held.
The market has been bad recently, and several consecutive orders have been sold at cost price.
This situation is normal. There is no holy grail in trading. The market is constantly changing. A single trading strategy cannot be suitable for all market conditions.
