Good morning everyone, today I'll continue to monitor BTC's market.
Looking at the bigger picture, the daily chart is still in a downward channel and hasn't broken out yet. The 99,248 level above is a clear daily resistance. On the smaller timeframes, the 1-hour chart has resistance around 93,080, and on the 15-minute chart, pay attention to 91,934.
Currently, the 1-hour trend is still weak, so I'm not planning to close my short positions for now and will continue to hold and observe.
Here's my specific trading plan: if there's a rebound near any of these resistance levels, you can consider opening short positions. For a more conservative approach, wait for 93,080 or 91,934. If you're more aggressive, you can also try shorting around 87,904, but make sure to control your position size.
Overall, the short-term strategy is mainly to go short, and I'll wait for the trend to truly strengthen before considering other options.
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Good morning everyone, today I'll continue to monitor BTC's market.
Looking at the bigger picture, the daily chart is still in a downward channel and hasn't broken out yet. The 99,248 level above is a clear daily resistance. On the smaller timeframes, the 1-hour chart has resistance around 93,080, and on the 15-minute chart, pay attention to 91,934.
Currently, the 1-hour trend is still weak, so I'm not planning to close my short positions for now and will continue to hold and observe.
Here's my specific trading plan: if there's a rebound near any of these resistance levels, you can consider opening short positions. For a more conservative approach, wait for 93,080 or 91,934. If you're more aggressive, you can also try shorting around 87,904, but make sure to control your position size.
Overall, the short-term strategy is mainly to go short, and I'll wait for the trend to truly strengthen before considering other options.