Wednesday afternoon, Bitcoin soars, what to expect in the future

Since the beginning of this month, Bitcoin has started a strong rebound, from the low point of 83700 on the evening of the 1st to the current level of 93900, which is known as a significant rise. Although the trend is somewhat strong and extreme, there are beautiful memories in the momentum.

Currently, the upper level has given a pressure signal, and the bullish space has already been provided. At this time, chasing long positions has a high probability of being caught at the peak, and although the 4-hour chart has shown a certain rebound in the short term, it has not reached the point of reversal, so it is advisable to go short at high levels.

For the afternoon Bitcoin recommendation, short at any position above 93000, short-term target at 91500-90500, swing target at 88000, and medium to long-term target around 80000. $BTC $ETH #美SEC推动加密创新监管 #ETH巨鲸增持 #特朗普加密新政 #特朗普取消农产品关税