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Although we did not rebound to our entry level, the bearish outlook remains valid. Entering early in line with the trend, participate in short positions around 66,880. Taking a small profit of over 600 points, nearly 50,000 USD, it’s better to follow the trend. Friends should avoid trying to chase that small gap and end up in a passive position.
This market may continue somewhat tonight, but we still don’t expect too much downside. If the price does not break below 65,000, we can quickly close our short positions and switch to long. If it breaks below 65,000, we can hold and look for a target around 64,000.
Tonight, short positions on Bitcoin at 66,700 to 67,100, watch the 65,000 level. For Ethereum, short at 2045 to 2080, watch 1960.