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Yesterday, Bitcoin surged to 82,098, but the longs then showed lack of momentum. I reminded early that chasing longs at high levels carries major risk, and the bears could start pushing at any time.
As expected, during the morning the market broke below the upward trend support, sliding all the way down to 80,660—giving the bears complete control of the market.
## Trading plan
Short on rebounds at 81,600-82,100. The first target is 80,900. Once support is officially broken, the bears will continue—follow the move and keep looking lower at 80,700-80,200. The idea remains unchanged: continue to short on rebounds! $BTC #TROLL两日涨超160%