On the daily timeframe, the overall situation is still a sideways-to-downward oscillation trend. At the moment, the cycle is still in a box-range consolidation structure. Although there is a short-term rebound, its strength is also gradually weakening. The downward trendline remains intact, and the moving averages have not shown any signal of turning upward! The upward move has not broken the box-range structure—don’t chase the price at the highs. For tonight, simply keep the high-short (bearish) mindset. Continue to short in the 72,500-73,000 area. Target near 70,000-68,000$BTC

BTC1,54%
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