February 23 Intraday Market Analysis📊

Last night, I mentioned that the bulls are losing momentum. After finishing the overnight analysis, I couldn’t take it anymore and opened a short position. Woke up to big gains! Unfortunately, the previous long positions I set were wiped out! So, in a bear market, stick to one direction: go short, and short on rebounds. That’s the right move. Long positions can be abandoned unless at extreme levels, after all, it’s a contrarian trade!

Market Recap
⚠️BTC currently faces resistance at: 66,000–67,500. As long as the rebound doesn’t break these two resistance levels, continue to go short.
Support levels below: 63,000–61,000–60,000
⚠️If the rebound breaks through 67,500, look for around 68,500–70,100.

Eth
Broken below the previous low of 1893,
Intraday rebound resistance at 1906–1950. If the rebound doesn’t break these two resistance levels, continue to go short.
Short down to support levels: 1830–1750

⚠️If the rebound breaks through 1950, wait for short opportunities around 1995–2038.

Sol
Rebound resistance at 80–83
⚠️If it retests and falls below 77 again, watch for 70–67.