This morning, Bitcoin experienced a sharp drop, touching the 86000 level. Bottom-fishing funds reacted quickly, pulling the market back to around 87500 and causing fluctuations. However, my long-time followers know that such a technical rebound after a sharp drop is by no means a reason to enter the market for long positions.
During the day, don't mess around; first, observe the breakthrough situation at the 88400 pressure level. The strong resistance zone from this morning's rebound is a prime opportunity to set up short positions as long as the trading volume doesn't support a breakout and the attempt fails. Understand that a rebound after a sharp drop is purely for indicator correction. Be patient and wait for the rebound to reach the target; shorting high is the current strategy!
Bitcoin rebounds near 88400; build shorts in batches with targets around the recent low of 86000 and near 85300.
Ethereum looks to set up short positions at the 2900 resistance zone, with targets around 2740 near $BTC #美股七巨头财报 $ETH #Scroll联创X账户被盗