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6.3 Wednesday BTC Morning Outlook
The market has been trending unilaterally since the beginning of this month, moving south from around 740, with the lowest near 663, then gradually rising, now around 665. Although there has been a rebound, it is clearly insufficient. The overall trend remains downward. The idea given in the early morning has already been perfectly fulfilled. Any rebound is an opportunity to short. Currently, there are no signs of a reversal. The overall trend is still downward. At this point, just go with the flow.
Trading suggestion: look for a short around 668 on the rebound, target 658, and if broken, $BTC see 655.