Today's Analysis

Currently, the market is in a continuous sideways adjustment, with bulls and bears in a tug-of-war. From a broader perspective, the trend remains bullish, with strong resistance around 5000.

However, in the short term, there is pressure for a downward correction. Currently, one can attempt to establish short positions, and after the short-term correction is complete, consider long positions. The evening session will focus on short strategies.

Specific short strategy:

Open short below 101400, target 100400-99500

Stop loss at 102500

$BTC