Monthly close, there is a gap to be filled, can it provide an opportunity to short from high?

Monthly candle closed as a large bearish candle, the previous candle closed as a small bearish inverted hammer, the lower band of Bollinger Bands is opening downward and moving lower, both KDJ and RSI are turning downward, MACD bearish momentum is continuously expanding, the overall direction is undoubtedly bearish. Daily candle yesterday closed as a large bearish candle, price pressed on the lower band and kept moving lower, KDJ turned downward, RSI flattened and slowed, MACD is still consolidating with low volume, the rebound is suppressed near the 60000 level. Whether the market will continue this narrow consolidation, replacing a rally with consolidation, or directly decline, it's hard to say now; we can only wait and see. In trading, remember one principle: heavy rally leads to heavy short, light rally leads to light short. From the monthly candle perspective, there is currently a gap above. Whether it will definitely rally up to fill the gap and then fall again is unknown. What Zhong Liang wants to say is that even if there is a rebound, there is no need to make a big fuss. A rebound is for a better decline; a rebound provides greater profit for shorting from high. Keep this bottom line in mind. Otherwise, these small short-term shorts every day are honestly tiring and you won't gain much...

On the 4-hour chart, yesterday's rebound was suppressed by the middle band, all three bands are opening downward and moving lower, KDJ three lines are converging, MACD is in bearish consolidation. On the hourly chart, the rebound was suppressed by the upper band, and now it has broken below the middle band support. Both KDJ and RSI are turning downward, MACD bullish volume is continuously shrinking. Those holding short positions around 60000 can continue to look lower. The market may directly continue to decline further; those without short positions can only wait patiently for a rebound! In this market, chasing shorts is unnecessary and risky! Going long is even less recommended!

For intraday trading, upper resistance is at 59500 and 61000, short from high around these levels. Lower support is at 58500, 57500, and 57000! #BTC $BTC