Going long on the weekend is just a transitional period; shorting at the beginning of the week is the permanent hope. Sister Ying has always emphasized, don't panic, the rebound is just an opportunity for you to short.

Today's breakdown has given the market confidence, after all, everyone is making profits and becoming more aggressive.
After a period of time following the US market yesterday, Bitcoin's price has been in a sideways trend. The shorting positions left the market early, and the price absorbed 101 points. The deceptive movement made it hard for me to hold on. After all, pursuing perfection is my goal; not losing is the same as making a profit!
Fortunately, today I directly shorted and took a position in the 2200/90 point range. Where the trend is, one should execute steadily, accurately, and forcefully. Control the risk well, allocate the chips properly, and the rest can just be left to time.
What should we do next in the European and American markets?
The Bitcoin price has fallen below the middle band of the 4-hour BOLL, with support for Bitcoin at 10.55-10.6 and resistance in the 3800-3820 range.
After falling so much, can I still chase it? I'm not going to chase anymore; either wait for a Rebound or buy in lightly at a low. However, the support levels for Bitcoin and Ethereum are not in sync; Bitcoin has more room than Ethereum, so I can only wait for an opportunity.
The posture can lightly enter the market in the 3800-3820 area, while observing whether the drop in Bitcoin is synchronized for entry, looking at a space of 80-100 points. #BTC