Oh no, is Bitcoin no longer moving up? Now is the time to aggressively short? A major change is coming tonight! Hurry and take a look.

1. First, let's talk about the crypto market trend. As shown in the chart, Bitcoin bulls are starting to gain momentum, having recovered most of the red oversold negative premium, approaching the zero line. So, is it now safe to open a short?
2. Actually, we're just a little short. If it can go a bit higher and officially enter the green premium zone, then it's time to short! In the past, when prices reached the green zone, it was a good shorting opportunity.
3. Additionally, this index has a characteristic: during most of the bear market, it shows negative premium, and even slight positive premium in a bear market is considered overbought. Conversely, in last year's bull market, it was the opposite—most of the time in the bull market, it showed green premium, and if there was some red, it was oversold. Simply put: bull markets tend to be greener with higher averages, while bear markets tend to be redder, mostly showing negative premium.
4. Tonight at 8:30, employment data will be released. This is the first data since the US-Iran war, extremely important. It should be somewhat bearish, but Trump’s government often sugarcoats data, so I think the actual result might be neutral. Especially since today is Easter, the US stock market is closed, so volatility will be much lower.
5. As for specific entry points, I plan to short near the resistance level around 68k, as a pullback trade has good potential. Additionally, Shuqin mentioned yesterday that there is minor resistance around 67k, which could be shorted as well. As shown in the chart, I took a short position there, which is also a good profit opportunity. Opening trades daily~$BTC ‌#Gate广场四月发帖挑战