Looking at the one-hour chart, the 89500 level repeatedly faces strong selling pressure. Even if there's a rebound at 86800, the target would only be around 88800, and short positions entered at 87800 will be pressured again. As I always say, in a sticky market, it's best to repeatedly squeeze the more probable side. Therefore, shorts should initiate at 87800, add at 88800, with a stop loss at 89600.$BTC
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Looking at the one-hour chart, the 89500 level repeatedly faces strong selling pressure. Even if there's a rebound at 86800, the target would only be around 88800, and short positions entered at 87800 will be pressured again. As I always say, in a sticky market, it's best to repeatedly squeeze the more probable side. Therefore, shorts should initiate at 87800, add at 88800, with a stop loss at 89600.$BTC