BTC surged to 92000 on Sunday night but failed to hold above, showing a clear trend of retreat after encountering resistance. There is heavy selling pressure above, and short positions still dominate the market!
A rebound is the best time to go short; don't be deceived by the brief bullish impulse. In the face of the big trend, short positions are the main line!
Short positions near BTC 92000-93000, first target 90000, if it breaks, we can see 88000.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC surged to 92000 on Sunday night but failed to hold above, showing a clear trend of retreat after encountering resistance. There is heavy selling pressure above, and short positions still dominate the market!
A rebound is the best time to go short; don't be deceived by the brief bullish impulse. In the face of the big trend, short positions are the main line!
Short positions near BTC 92000-93000, first target 90000, if it breaks, we can see 88000.