Wednesday evening, don't be a fence-sitter, firmly bearish on the high side.



A mere slow climb has naturally been uncomfortable for us bears. Currently, Bitcoin's push to 7200 again lacks follow-through. While short-term is quite strong, overall it remains within the range. The upper resistance cannot be effectively broken through, so it remains bearish. Scale into shorts near 7160 and 7200, targeting the 6950-6850 zone below.
BTC1.05%
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