Bitcoin broke downward around 3 a.m., with the lowest retracement reaching the 90,900 level, just 400 points short of the target. The pullback covered more than 2,000 points. The target can be considered perfectly reached.
Currently, the price continues to move along the middle and upper bands, with the attached indicator showing a death cross and a downward turning signal. So, within the day, continue to maintain a rebound short strategy. The reference area for short positions can be around the 93,000-93,350 range in batches, continuing to look for a decline toward the 91,000 level #ETH #BTC
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Bitcoin broke downward around 3 a.m., with the lowest retracement reaching the 90,900 level, just 400 points short of the target. The pullback covered more than 2,000 points. The target can be considered perfectly reached.
Currently, the price continues to move along the middle and upper bands, with the attached indicator showing a death cross and a downward turning signal. So, within the day, continue to maintain a rebound short strategy. The reference area for short positions can be around the 93,000-93,350 range in batches, continuing to look for a decline toward the 91,000 level #ETH #BTC