The daily price of Bitcoin has directly fallen below the MA5, with MA10 support. The current price is around 98,700. Yesterday and the day before, those who shorted with Lao Xiao must have made a lot of profits!

However, don't rush to chase shorts below 99,000 for now. Let's look for a rebound around 98,800; you can consider short-term longs.

I recommend shorting during the rebound at 101,300-101,800, with a stop loss at 102,600 and a target of 98,500-96,000.

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