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Bitcoin experienced a direct flood on Monday. After retesting 3000, the short position on the stone disk took off again. Last week’s long positions, you didn’t seize the opportunity, so this wave of short positions should be taken advantage of now, right?
Yesterday at noon and evening, I mentioned twice that I was looking for a short position. This reversal signal should be able to save many friends who wanted to go long.
Since this wave has come down, we need to watch the intraday midline at 92300 to see if it can hold. If the daily closing is below the midline, it indicates further decline. Conversely, if it supports a rebound, then it’s a different story. So now, at the support level, I suggest looking for a rebound.
Pullback to 92300-91800 for a bullish view, with a target around 94500.