The pattern also indicates a problem, as the daily chart has seen consecutive bearish closes, and the Bollinger Bands are opening downwards. To rebound in the short term, it must first pass the middle band, which is around the position of $113,200. Moreover, in the 4-hour chart, the price rebound is clearly weak, and the moving average system is still in a short positions arrangement, which further increases the downward pressure. In the after-hours, the strategy is to short at highs! Watch around $113,500! The target is initially set at the vicinity of $112,200!

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