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BTC Downtrend Relay: Consolidation Range Highs and Lows Getting Progressively Lower, Major Move Brewing
Yesterday's short strategy validated with precision. The network-wide public signal indicated a downtrend has quietly commenced, with price action pulling back as expected. Current short positions are in profit by over 1000 points.
Today, Trump plans to deploy ground troops to Iran, which is a sign of escalating conflict and bearish for the market. On the short-term, rebound indicators are confined below the 1-hour level. We can only short on rallies for now, with long positions as secondary.
BTC resistance today remains around 68500. Continue shorting on rallies. If it breaks lower, watch 66085-65855.
ETH resistance today around 2072. Continue shorting on rallies. If it breaks lower, watch 2002-1992.
SOL resistance today around 87.25. Continue shorting on rallies. If it breaks lower, watch 82.65-81.25.