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Four-hour rally to 74,000 followed by a weakening trend again, Bollinger Bands opening downward, indicating a clear short-term bearish pattern.
Today's early trading strategy remains a high-short idea, entering in batches at resistance levels, and decisively shorting on rebound resistance to capitalize on the new downward trend.
Monday morning trading suggestions:
Bitcoin rebounds to around 66,500–67,200, consider taking partial high-short positions, with the initial target at support zones around 65,000–63,000.
For altcoins, consider short positions around 1970–2000, with targets at 1900, and if broken, continue to watch around 1830.