Yesterday, the Bitcoin whiteboard hovered around 88,000 with a high of 88,500, then sharply declined in the evening to 83,400. The "Mistress" retraced from 2970 back to 2750! We precisely recommended short positions at 88,500 for Bitcoin and 2970 for the Mistress yesterday, both targets exceeded expectations! This morning, the market dipped again, with Bitcoin dropping to a low of 81,000 and the Mistress down to 2673. The Mistress's target was reached as expected, Bitcoin surpassed expectations, and the medium-to-long-term short positions were successfully closed! The current bearish pattern is confirmed, with a large bearish candle on the daily chart, a volume breakout below the lower band, and all indicators diverging downward, indicating full bearish momentum; the four-hour chart shows a cliff-like decline, fully opening the downside space. Trend, pattern, and volume are all dominated by bears. Trade with the trend; a rebound is a good opportunity to short. Bitcoin rebounds around 83,500-84,300, short at that level with targets of 91,000-78,800. The Mistress rebounds around 2,780-2,830, short with targets of 2,680-2,580.

BTC-0,55%
ETH-4,27%
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