Bitcoin
Short

Lock in profits and go with the trend.

117
As previously analyzed and predicted, Bitcoin has started a pullback as expected after hitting the key resistance level on the 4-hour chart. Looking at the current market, the price has broken below the support of the short-term 5-day moving average, with a MACD death cross signal appearing on the hourly chart. Bearish momentum has initially been released, and the short-term downward trend has become relatively clear.

Friends who entered positions earlier can appropriately reduce some holdings to lock in profits. If the price breaks below 107,000 later, you can continue to enter short positions after a rebound.

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