#Crypto Downturn: Hold or Sell?

The 96200-96800 range is an excellent position for shorting, with 2000 points to go down!!!

Recently, BTC has been continuously weakening, since the opening of this week, and even in the past half month, BTC has not returned to the 100,000+ level.

The high point yesterday was at 96700. From the hourly chart, it can be seen that the trend from yesterday to today followed a celebrity pattern, with a direct drop from the high point, followed by a Rebound starting in the middle of the night, and a slow and steady upward shake after the opening this morning. It can be seen that the pump momentum is not strong, and the resistance at 96800 is still there. Just before the after-hours began, there was a slight pullback, and once the pump momentum stops, the downward movement will not be as simple as a shake downward, a drop of 2000 points would be effortless.

The hourly chart is nearing its peak, a small plummet after the pullback is expected tonight!!!

Short in the 96200-96800 range, 97800 is a dangerous position and can be used for defense, 95300 as the first reduction in Position, with the final target set at 92800.