Something big happened at the beginning of the new week. Trump was shot again but failed. As a result, the market fell as soon as it opened.

Today's decline was particularly sudden. It returned to the position where it started to rise last Friday, just like drawing a door. Everyone always sighs when it will rise to 70,000. Think about it in reality. When we actually operate, we leave the market when our pockets are full, but it does not prevent everyone from looking forward to the bull market. From the current market, on the four-hour chart, three consecutive negative lines went down yesterday, which directly changed the situation of the bulls. Now the bears have the upper hand and the momentum is very strong.

Although the correction amplitude is large in a short period of time, it cannot change the current situation. The price on the hourly line is pressed back by the middle track, and the short-selling force has increased again. Most of the space for the previous rebound is gone. Technical indicators show that the bears are still working hard. In the short cycle, the price rebounded again. Let's focus on the short-term pressure level and arrange it according to the idea of ​​shorting on the rebound. If the pressure level is broken, we can consider doing the opposite. $BTC