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3.9 Monday night, Bitcoin continues to be under pressure and short
During the day, Bitcoin's continuous oscillation upward indeed made the bears a bit uncomfortable, but there is also room for a short-term pullback. As long as you are not greedy, there are reasonable profit opportunities.
Currently, Bitcoin has broken through the short-term resistance of 68,000, but after extending to the 68,500 area, it faced some resistance. The short-term rebound is gradually slowing down, but it does not rule out the possibility of Bitcoin continuing to rise tonight. Focus on the resistance at 69,000 above; if not broken, consider bold short positions.
Tonight, consider shorting around 68,500 to 69,000, with targets in the 66,500-65,000 range. $BTC