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Yesterday's 5000-point plunge clearly demonstrated the power of the bears! Today, I remain firmly bearish. Although there was a rebound after a second dip around the 73,000 area, it is definitely not a bottom reversal. The short strategy remains unchanged!
Focus on resistance levels at 76,800 and 78,600; upon reaching these levels, go short with the target around 73,800 for a pullback.
Ethereum is following suit, with a key focus on the 2100 area.