Hello everyone, happy weekend, it's Saturday flat time again.
The short position opened on Monday at 91400–91900 fluctuated during the day and smoothly fell back nearly 2000 points in the evening.
The most critical point this week is the Federal Reserve's interest rate cut——
We not only gave an early morning alert, but the data released in the early hours also showed a spike and then a drop. In the evening, we emphasized again and provided 94200–94700 as the resistance level for shorting, essentially catching the top of the market.
Currently, Bitcoin is still running along a bearish structure.
Yesterday's short position was relatively conservative; the original plan was to short again at 91900 on a rebound, but the market broke down directly, falling all the way to around 89400 and ending with fluctuations.
Today is likely to be another fluctuating market.
If you must operate, it can only be treated as ultra-short-term:
In the range of 90600–91100, you can try shorting, targeting 800–1500 points, and don't be greedy.
If you have questions, leave a message in the comments.
