Monday Bitcoin Afternoon Insights: Go Long to Capture 1000 Points, Short at 68650, Wait for a Pullback!

Bitcoin has quickly surged but is struggling to break through the daily midline constraint at 68650, where I directly entered a short position and am currently holding. Recently, the market has consistently failed to break through the daily midline pressure on the coin price, despite some rebounds. But this is only temporary; technically, a rapid increase in price is not a good sign, and Bitcoin is likely to experience a significant drop afterward.

Looking at the 4-hour chart, the coin price has consistently struggled to break through the daily midline, oscillating below it for many days. This oscillation is building pressure, and the market could plummet at any time. No matter how much it rebounds, it cannot break through the daily midline's pressure on the coin price, which is a bearish signal. Relying on the daily midline's pressure to short Bitcoin is sufficient to outperform all analyst strategies. Let time witness the facts, and let facts create brilliance! Not seeking one night of passion, but a long-lasting return! Both the fundamentals and technicals are bearish, making it a great time for shorting!

In the afternoon operation, I personally suggest shorting if the coin price rebounds to 68500-69000, with a target looking down at the 67000-66500 range!