Yesterday's trend was basically in line with expectations, with prices fluctuating within the range we identified. The bullish momentum is not very strong, and overall the market remains in a sideways pattern. There is no clear breakout direction in the short term.
From the current market situation, a small rebound may occur in the short term, but the overall trend remains bearish. The strategy should focus on shorting on rallies. Today's approach is still to short on rebounds, with good rhythm control, as both longs and shorts will have opportunities.
Bitcoin Suggestion If it rebounds to around 89,000–90,000, consider gradually opening short positions. Target levels can be around 87,000–86,000.
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1.27 Morning Bitcoin Analysis
Yesterday's trend was basically in line with expectations, with prices fluctuating within the range we identified. The bullish momentum is not very strong, and overall the market remains in a sideways pattern. There is no clear breakout direction in the short term.
From the current market situation, a small rebound may occur in the short term, but the overall trend remains bearish. The strategy should focus on shorting on rallies.
Today's approach is still to short on rebounds, with good rhythm control, as both longs and shorts will have opportunities.
Bitcoin Suggestion
If it rebounds to around 89,000–90,000, consider gradually opening short positions.
Target levels can be around 87,000–86,000.