On Monday morning, I briefly mentioned being bullish directly to 90,000, but still primarily focusing on shorting. Therefore, this rebound to nearly 90,000 followed by a significant decline is very much in line with expectations. I just didn't manage to short timely after having a wave myself and getting busy.
So how to decide now? This decline has already shown that the overall market is still in a weak pattern. Everyone should not blindly catch the bottom; just be bold in shorting during the rebound.
My personal prediction is that this week Bitcoin may reach 83,000 - 80,000.
As for Tuesday's market, if Bitcoin rebounds above 86,500, be bold to short and look for 83,000 - 80,000.
For friends who have Dan and are struggling, feel free to come out and chat.
On Monday, the pancake direction is bullish at the bottom until the breakthrough of 90,000. The overall trend is weak, and the main theme is still to short on rebounds.
Layout suggestion: Long between 87500-87000, targeting 90,000-92,500. #加密市场反弹