At the bottom, an engulfing pattern forms, lows are rising, and the turning point comes in an instant. Good morning, brothers. To be honest, the 44-win streak ends here; yesterday’s short position took a beating. As Old A mentioned, the 75,000–85,000 range is very difficult to break, but I still followed the trend and went short. After the Nasdaq strengthened last night, BTC surged and quickly reached the neckline area near 92,000.

Currently, it’s hovering near the 93,000 neckline. The rebound target based on a 1:1 inverted head-and-shoulders projection at the bottom has also reached around 91,500. Now, focus on the strength of the rebound. The intraday trading idea is to short first and then go long, with 93,000 as the reversal point. If this level is broken and not quickly reclaimed, and the daily close holds above it, then the stage bottom is confirmed, and the rebound could extend to 99,000 as Old A mentioned a few days ago.

Short near 93,000, add shorts around 93,800–94,300, target 90,500–91,000, strong move down to 87,000.
Short near 3,050, add shorts around 3,090, target 2,985, strong move down to 2,860.