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Bitcoin drops to a new low again, and the early morning strategy is very clear: short on rebound. Currently, Bitcoin has bottomed out at 76,534, breaking the morning low of 76,666. Although Ethereum is still hovering around 2,114, it’s also very weak, with the lower support at 2,085 also in danger.
Bollinger Bands are still pointing downward, and the rebound can’t even reach the middle band. There’s nothing much to say about this trend—bears are firmly controlling the market. The real trading session’s short positions earlier in the day were profitable, with clear entry points.
The next trading plan remains the same: wait for a rebound, then short again.
BTC: Short near 77,200 resistance, target 76,500-76,000;
ETH: Short near 2,125 resistance, target 2,100-2,085.
#TradFi交易分享挑战 $BTC $ETH