Recent trends have fallen to around 91000, and in the short term, we still do not see a bottoming signal. How should we face this!
In just three days, the market has dropped to the ten thousand point area, and after another baptism, although the old black did not achieve a great victory with the short positions, he still made a few thousand points in profit!
On Friday, with the non-farm payroll data coming out, should we buy the dip or follow the trend?
The overall trend is mainly bearish recently, but after a significant drop, we cannot blindly short. Pay attention to short-term rebounds and focus on shorting after the rebound!
The current price of Bitcoin is around 92700. First, look for a rise of 1000–1500 points before considering a pullback to short. If it breaks below 91000, we will look directly to around 88000!