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#美国终止政府关闭 Bitcoin's recent short-term trend is indeed a bit disappointing. I checked the 4-hour chart, and there have been several consecutive bearish lines getting dumped down. The price is now hovering below the moving average, with the bears clearly in control. The overall rhythm is - want a rebound? It’s pointless.
Looking up, the range from 98000 to 99000 is a tough resistance, with significant pressure. Looking down, keep an eye on the previous low at 94500; this level needs to be defended.
My idea is very simple in terms of operation: don't rush to catch the bottom if the rebound is not in place. Wait for the price to touch around 97800-98200, and it's relatively safe to short along the trend. First, let's see if it can hit 95500, and then the next level down is 94800. $BTC $ETH