🚨Bitcoin experienced a divergence at the recent high and is now in a downward correction: short!

The current structure as of 4.7 is part of a correction after a decline.
If there are long positions trapped at high levels during sideways consolidation, it’s recommended to take a small rebound and then exit.

It’s not bottomed out yet; it’s highly likely to continue falling later.
In my personal trading, I will add to my short positions near the 69 level during a price rebound.
If I don’t get the chance to short at 69.5, I will continue to hold.

I expect the bottom to reach around 66-67.
Currently, it’s hard to specify exactly; we need market feedback.
With a short position at 70, there’s still nearly 2000 points of space.
Follow the trend, reduce positions, hold, or take profits entirely, and manage your positions well.

There are judgments before the market opens, but not during.
I am Lu Bufan, founder of Biteo & 312 Investment Research Society. Remember to follow me.
$BTC #BTC