After the drop of $BTC Bitcoin, the pullback is for a better upward movement. This drop has scared many retail investors, but with such a big market, the bottom of the drop has appeared around 9.25.

Bitcoin is slowly pulling back, and currently, the resistance at 9.5 is quite obvious, and it has not been able to break through. However, if it breaks above, it is very likely to return to around 9.8.

Zhou Ge sees the big trend as bullish, but if it cannot break the resistance at 9.5, one can consider going short in line with the trend.

Strategy

Go short near 9.5

Target for 500-1000 points

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