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Don't remind me again today

Bitcoin fluctuated back and forth around the 103,500 level—it's quite perfect. The retail traders can't hold onto their short positions. Yesterday, they were so confident in their shorts, but today they're feeling pretty frustrated—they can't hold on anymore, right? Now is the beginning of the bearish phase. Once the US stock market opens tonight, this wave could trigger a decline. Don't rush; let the bullets fly for a while. You need to understand that the next major drop will bring us down to 980,000, and there will be even lower levels afterward. This initial phase is meant to tease out the retail traders, making them hesitant to short. It's just right.

BTC-1.81%
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