BTC experienced a sharp plunge from a high level, with bears fully in control. Don't get caught up in the momentum.


Currently, the 2nd contract is at 2052.5, after a violent drop from the high of 2164.47. The price briefly dipped to 2049.9, oversold, then rebounded slightly. Bear sentiment has completely erupted.

Entry point: Place staggered short positions around 2090
Stop-loss: Above the previous high of 2164.47
Take profit targets:
First take profit: 2050 (short-term profit-taking, lock in gains)
Second take profit: 2020 (if it breaks below 2050, hold and watch for a deep correction)
Third take profit: 2000 (if it breaks below 2020, hold and look for support at the round number)
BTC-3,18%
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