I am waiting to take a short trade if $33,833 support breaks.
Resistance is at $37874, however if support breaks, I will use a tight stop loss based on the 6 hour chart / lower timeframes. I do not believe it is wise to use $37874 as a stop loss.
Support: $33,833, $27,500
Please understand that I trade bitcoin every day. As the price gives me new information, I adapt my bias and do update when I do so. I have had an incredible run and have secured lots of profit.
Please do your own analysis, responsibly manage your risk, and stay safe.
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Please see updated idea
Please see updated idea for ETH